Coinbase Derivatives Exchange
What is Coinbase Derivatives Exchange?
Launched in June 2021, Coinbase Derivatives (formerly FairX) is a U.S.-based, CFTC-registered approved derivatives exchange (as a DCM or designated contract market). It offers micro and nano futures instruments.
Their unique business model has been specifically designed for active retail traders, to provide simple, accessible, and more affordable futures trading opportunities.
Why Trade Coinbase Derivatives Instruments?
Bookmap has partnered with Tradovate to offer zero-cost trading on all Coinbase Derivatives instruments.
Pay no broker commissions, no data fees, no exchange fees, no NFA fees, and no Bookmap fees.
Markets are open 23 hours a day, 5 days a week. There are 7 instruments available that are correlated to some of the most highly traded stock index and crude oil futures.
Margin requirements are as low as $10 (on nano instruments) to $50 (on micro instruments). This creates an exciting opportunity and extremely low barrier to entry for anyone interested in trading futures.