Coinbase Global Exchange Breaks Barriers With Exciting New Wif Perpetual Futures Trading Option For International Customers

On Thursday, Coinbase International Exchange announced it will initiate support for $WIF perpetual futures trading for non-U.S. users in select jurisdictions, starting April 25th.

Coinbase International Exchange (CIE) and Coinbase Advanced will introduce perpetual futures trading for dogwifhat ($WIF +16.25%) later this month.

CIE announced Thursday on X that perpetual futures trading for the Solana-based memecoin will be available to non-U.S. users starting April 25 at 9:30 UTC.

About a week ago, Coinbase’s international platform delayed the launch of a Pepe-based perpetual futures offering. The expected opening of 1000PEPE-PERP on CIE was slated for April 18, as per an X post from the exchange.

CIE’s expansion of crypto perpetual futures offerings comes after obtaining regulatory approval to provide such services to non-U.S. customers in specific jurisdictions last year.

Yet, obtaining approval to offer comparable products within the United States has been significantly challenging. American regulators have generally been hesitant to authorize risky crypto-based futures offerings. Nonetheless, Coinbase managed to secure approval from the National Futures Association last year, allowing limited crypto futures trading for U.S. retail traders through Coinbase Advanced.

Coinbase is actively expanding its perpetual futures offerings amid robust growth in the derivatives market. According to CoinDesk, last month saw a remarkable 86.5% surge in derivatives trading volumes, reaching $6.18 trillion.

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