Trade Coinbase (COIN) 24/7, permissionless
The regulated US crypto exchange. The stock is a leveraged read on crypto volumes, so it moves when crypto does, which is always. COIN on Based works the same at midnight on a Saturday as it does on a Tuesday afternoon. There is no opening bell and no closing one.
Coinbase (COIN)
$189.62+6.9%24h
Nasdaq · United States · quoted in USD
COIN trading hours on Based vs a broker
| When can you trade COIN? | Based | Traditional broker |
|---|---|---|
| Weekdays, 9:30am to 4pm ET | Open | Open |
| Weeknights | Open | Closed, or limited after-hours sessions |
| Saturdays and Sundays | Open | Closed |
| Market holidays | Open | Closed |
How trading COIN works here
The COIN market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the Coinbase price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You do not own the underlying share, so there are no dividends and no voting rights. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application. Wondering how that compares to your current platform? See Based vs Robinhood.
Fees are flat and public: stock perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.
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Frequently asked questions
- Can I trade COIN on weekends?
- Yes. The Coinbase market on Based runs 24 hours a day, 7 days a week, including Saturdays, Sundays and market holidays. There is no closing bell.
- Do I need a broker to buy COIN?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the COIN market runs. There is no brokerage account to open and no bank account required.
- Do I own actual Coinbase shares on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the COIN price: a derivative, not the share. No dividends and no voting rights, and like every perp it carries liquidation risk, with funding fees while a position is open.
- What do I need to start trading COIN?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.