Webull to Expand Access to Crypto Futures with Coinbase Derivatives
Rhea-AI Summary
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.
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
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.
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
"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
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
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
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