Key Takeaways:

Coinbase started offering perpetual futures for US stocks and ETFs to traders outside the United States.
This product will allow for 24/7 trading, including weekends, this is a big change from traditional stock markets.
Users can access high leverage up to 10x for stocks and 20x for ETFs, all trades will be used USDC.

A New Way to Trade US Tech Giants
Coinbase offers international traders a way to trade on the US stock market at any time. This new product will use perpetual futures, which are a type of trading contract in crypto but they will be applied to big companies. They don’t follow the opening and closing times of the New York Stock Exchange because these are digital contracts. Traders can buy or sell their favorite stocks 24 hours a day, they can trade during the weekends when traditional banks are closed.
High Leverage for Major Stocks and ETFs
This trading option is available to individual traders through Coinbase Advanced and to companies through the Coinbase International Exchange. The platform will focus on the Magnificent 7, which includes company names such as Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. Traders can use up to 10x leverage,it means that they can control a large position with a smaller amount of money. Coinbase will support ETFs such as the S&P 500 (SPY) and the Nasdaq-100 (QQQ) with higher leverage and can be up to 20x for those who prefer broader markets.

Global Access and Stablecoin Payments
All trades will be settled by USDC, it is a stablecoin that will stay equal to one US dollar. This will allow for a bridge between the stock market and the crypto. One of the most useful functions is cross margining, which will let traders use their crypto holdings as collateral for their stock trades. These products aren’t available to anyone living in the United States, it is important to note that because of strict rules in the United States. 
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