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Webull to Expand Access to Crypto Futures with Coinbase Derivatives

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Webull has announced a partnership with Coinbase Derivatives to expand its crypto futures offering. The integration will allow U.S. users to trade futures contracts for Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI), and nano Ether (ET) directly on the Webull platform. The offering includes smaller-size contracts requiring less margin upfront, making it more accessible to retail investors. Trading will be available 23 hours a day, 6 days a week, with real-time market data provided free of charge. The service will be launched for U.S. users in the coming months, requiring users to open and fund a Futures account.

Webull ha annunciato una partnership con Coinbase Derivatives per espandere la sua offerta di futures sulle criptovalute. L'integrazione consentirà agli utenti statunitensi di fare trading di contratti futures per Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI) e nano Ether (ET) direttamente sulla piattaforma Webull. L'offerta include contratti di dimensione più piccola che richiedono un margine iniziale ridotto, rendendola più accessibile agli investitori al dettaglio. Il trading sarà disponibile 23 ore al giorno, 6 giorni alla settimana, con dati di mercato in tempo reale forniti gratuitamente. Il servizio sarà lanciato per gli utenti statunitensi nei prossimi mesi, richiedendo agli utenti di aprire e finanziare un conto Futures.

Webull ha anunciado una asociación con Coinbase Derivatives para expandir su oferta de futuros de criptomonedas. La integración permitirá a los usuarios de EE. UU. negociar contratos de futuros para Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI) y nano Ether (ET) directamente en la plataforma Webull. La oferta incluye contratos de menor tamaño que requieren menos margen inicial, lo que la hace más accesible para los inversores minoristas. El comercio estará disponible 23 horas al día, 6 días a la semana, con datos del mercado en tiempo real proporcionados de forma gratuita. El servicio se lanzará para los usuarios de EE. UU. en los próximos meses, requiriendo a los usuarios abrir y financiar una cuenta de Futuros.

WebullCoinbase Derivatives와 파트너십을 체결하여 암호화폐 선물 거래를 확대한다고 발표했습니다. 이번 통합으로 미국 사용자들은 Webull 플랫폼에서 비트코인 (BTI), 나노 비트코인 (BIT), 이더리움 (ETI) 및 나노 이더 (ET)에 대한 선물 계약을 직접 거래할 수 있습니다. 이 제안은 최소한의 마진이 필요한 소규모 계약을 포함하여 소매 투자자들이 더 쉽게 접근할 수 있게 합니다. 거래는 하루 23시간, 주 6일 가능하며, 실시간 시장 데이터는 무료로 제공됩니다. 이 서비스는 미국 사용자들을 위해 몇 개월 내에 출시될 예정이며, 사용자는 선물 계좌를 개설하고 자금을 입금해야 합니다.

Webull a annoncé un partenariat avec Coinbase Derivatives pour élargir son offre de contrats à terme en crypto-monnaies. L'intégration permettra aux utilisateurs américains de négocier des contrats à terme pour Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI) et nano Ether (ET) directement sur la plateforme Webull. L'offre comprend des contrats de plus petite taille nécessitant moins de marge initiale, ce qui la rend plus accessible aux investisseurs particuliers. Le trading sera disponible 23 heures par jour, 6 jours par semaine, avec des données de marché en temps réel fournies gratuitement. Le service sera lancé pour les utilisateurs américains dans les mois à venir, nécessitant que les utilisateurs ouvrent et alimentent un compte Futures.

Webull hat eine Partnerschaft mit Coinbase Derivatives angekündigt, um sein Angebot an Krypto-Futures zu erweitern. Die Integration wird es Nutzern in den USA ermöglichen, Futures-Kontrakte für Bitcoin (BTI), Nano Bitcoin (BIT), Ethereum (ETI) und Nano Ether (ET) direkt auf der Webull-Plattform zu handeln. Das Angebot umfasst kleinere Verträge, die ein geringeres Anfangsmargin erfordern und somit für Einzelinvestoren zugänglicher sind. Der Handel wird 23 Stunden am Tag, 6 Tage die Woche verfügbar sein, und es werden kostenlose Echtzeit-Marktdaten bereitgestellt. Der Service wird in den kommenden Monaten für US-Nutzer eingeführt, wobei die Nutzer ein Futures-Konto eröffnen und finanzieren müssen.

Positive
  • Partnership expands Coinbase's crypto futures product distribution
  • Increases accessibility to crypto futures through smaller-size contracts
  • Free real-time market data provision
  • Extends Coinbase's reach to retail investors through Webull's platform
Negative
  • None.

Insights

This strategic partnership between Webull and Coinbase Derivatives marks a significant development in retail crypto trading accessibility. The introduction of nano contracts with lower margin requirements is particularly noteworthy, as it could substantially expand the addressable market for crypto derivatives. Key benefits include:

  • Reduced capital requirements through nano contracts
  • 23/6 trading availability
  • Free real-time market data
For Coinbase, this partnership represents a meaningful expansion of their derivatives distribution network, potentially driving increased trading volumes and fee revenue. The timing aligns with growing institutional interest in crypto derivatives and could help capture market share in the retail segment.

This deal strengthens Coinbase's competitive position in the derivatives market and diversifies its revenue streams beyond spot trading. The partnership with Webull, which has a significant retail user base, should help drive derivatives trading volume growth - a important metric for COIN's financial performance. The offering of smaller-sized contracts is particularly strategic as it lowers barriers to entry and could accelerate retail adoption. With derivatives typically generating higher margins than spot trading, this expansion could positively impact Coinbase's revenue per user and overall profitability metrics.

NEW YORK, Nov. 20, 2024 /PRNewswire/ -- Webull, a leading digital investment platform, today announced the expansion of its crypto futures offering with Coinbase Derivatives, LLC (Coinbase Derivatives), a futures exchange registered with the Commodity Futures Trading Commission (CFTC). Webull users in the U.S. will be able to trade futures contracts for Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI), and nano Ether (ET) directly on the Webull platform.

Webull launched futures and commodities trading in March 2024, which expands access and grants users the ability to further diversify their portfolios and manage risk more effectively. Webull will be bringing its advanced trading tools and Coinbase Derivatives' crypto futures offerings together for a seamless experience.

"Integrating Coinbase Derivatives' regulated and reliable framework into the Webull platform will open up more opportunities for Webull users to gain exposure to digital assets," said Anthony Denier, Group President and U.S. CEO of Webull. "We take pride in extending advanced financial products and services to a wider audience of retail investors."

"We've been deliberate in designing our futures contracts to meet the unique needs of retail traders. Our goal is to create an accessible and inclusive marketplace for all," said Greg Tusar, VP of Institutional Product at Coinbase. "We look forward to Webull's distribution of our products unlocking even more access, bringing regulated crypto futures to a broader audience and further advancing the growth of this critical market segment."

Since smaller-size contracts require much less margin upfront to open a new position, this offering enables Webull users to choose contracts and upfront commitments that align with their investing goals. Coinbase Derivatives follows a 23 hours a day, 6 days a week, trading structure. Real-time market data provided by Coinbase Derivatives is free of charge and available to Webull users on the platform.

"There is a growing number of retail investors who are interested in gaining crypto exposure," said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. "Smaller-size contracts provide greater access to crypto futures for Webull users interested in diversifying their portfolio in this market segment. We look forward to the financial opportunities this will open up for our users."

Webull is among the first retail brokerages to offer more than one exchange and builds on its advanced futures offering. To trade crypto futures, Webull users must open and fund a Futures account. This offering will be available for U.S. users in the coming months.

For more information on Webull and its offerings, please visit www.webull.com.

About Webull US  

Webull is a leading digital investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including securities, options, and futures, along with wealth management services. Webull Financial LLC ("Webull Financial") is registered as a broker-dealer with the Securities and Exchange Commission (SEC) and a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC). Advisory accounts and services are provided by Webull Advisors LLC, an investment advisor registered with the SEC. Registration does not imply a level of skill or training. All investing is subject to risk, including the possible loss of principal. For more information about Webull, visit www.webull.com. 

About Webull
 Corporation 

The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves more than 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, and fractional shares, through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com.

About Coinbase

Crypto creates economic freedom by ensuring that people can participate fairly in the economy, and Coinbase (NASDAQ: COIN) is on a mission to increase economic freedom for more than 1 billion people. We're updating the century-old financial system by providing a trusted platform that makes it easy for people and institutions to engage with crypto assets, including trading, staking, safekeeping, spending, and fast, free global transfers. We also provide critical infrastructure for onchain activity and support builders who share our vision that onchain is the new online. And together with the crypto community, we advocate for responsible rules to make the benefits of crypto available around the world.

 

 

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SOURCE Webull Financial LLC

FAQ

What crypto futures contracts will be available through Webull's partnership with Coinbase (COIN)?

Through the partnership, Webull users will be able to trade Bitcoin (BTI), nano Bitcoin (BIT), Ethereum (ETI), and nano Ether (ET) futures contracts.

When will Webull's Coinbase (COIN) crypto futures trading be available to U.S. users?

The crypto futures trading offering will be available to U.S. users in the coming months.

What are the trading hours for Coinbase (COIN) crypto futures on Webull?

Coinbase Derivatives follows a 23 hours a day, 6 days a week, trading structure.

What requirements are needed to trade Coinbase (COIN) crypto futures on Webull?

Users must open and fund a Futures account on Webull to trade crypto futures.

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