Coinbase has launched 24/7 trading of US regulated gold and silver futures through the Coinbase Derivatives Exchange.
Summary
- Coinbase has launched 24/7 trading in US regulated gold and silver futures.
- Eligible traders can access the 1-ounce gold and 50-ounce silver contracts.
- The launch supports Coinbase’s “Everything Exchange” strategy beyond digital assets.
New products allow qualified American dealers to find precious metals almost every day, including weekends and holidays. The launch expands Coinbase beyond digital assets and adds traditional assets to its existing trading infrastructure.
Coinbase is open for trading 24/7
Eligible traders can now buy and sell regulated gold and silver futures through participating brokers. The contracts consist of one troy ounce of gold and 50 ounces of silver. Coinbase listed Interactive Brokers and NinjaTrader among the platforms that provide access to the products.
The launch changes the way some US traders access precious metals futures. Traditional commodity markets generally follow fixed trading hours and are slow on weekends or holidays. Coinbase’s structure gives traders more time to react to economic data, geopolitical events, and trending market topics.
Coinbase CEO Brian Armstrong addressed the launch on social media. The company presented this move as another step away from the open market model of crypto into traditional finance. Coinbase said continuous trading can support price discovery and give traders more flexibility during uncertain market times.
Gold and silver are still the biggest stores of value in global markets. Market estimates put gold at more than $13 billion in value, while silver exceeds three trillion dollars. Demand for both metals has remained strong during periods of inflationary pressures, central bank purchases, and geopolitical tensions.
The launch fits Coinbase’s plan to exchange everything
As revealed in our report, the new products of the future fit Coinbase’s plan to build “App Everything.” Over the past two years, the company has expanded into derivatives, perpetual futures, and stock-linked products. The addition of precious metals brings exposure to traditional assets on top of Coinbase’s connected infrastructure.
Coinbase already offers permanent gold and silver futures to eligible non-US users. Those products reside in USDC and serve traders who choose to access the crypto-native market. The introduction of US futures adds regulated commodity products to domestic traders on derivatives exchanges.
The structure may also lower barriers to access for other commodity traders. Precious metals futures tend to favor institutional traders due to contract sizes and transaction requirements. Coinbase’s micro contract design offers retail and professional traders an alternative to gold and silver exposure. For retailers, the average change comes from time. They can manage exposure to the metal without waiting for regular market sessions to reopen.
