The cryptocurrency exchange Coinbase will launch its “Coinbase One” subscription service in 35 countries. Initially, only customers in the UK, Germany and Ireland will have access to the service. According to the announcement on May 18, Coinbase One aims to provide features such as commission-free trading, amplified staking rewards, and exclusive benefits through partnerships with industry players like Messari and CoinTracker for a monthly fee of $29.99. In addition, Coinbase plans to collaborate with other partners—such as Alto IRA (Individual Retirement Account), Blockworks Permissionless, and Lemonade—to offer additional benefits to its members.
2/ The best of Coinbase just got ✨better✨ Unlock zero trading fees, a dedicated support team, boosted staking rewards, and exclusive benefits from partners with Coinbase One — all for $29.99/month.
Claim your 30-day free trial → https://t.co/agCecP7lsp
— Coinbase ️ (@coinbase) May 18, 2023
Coinbase also shared that its new subscription service will give members access to a dedicated 24/7 support team, whereby members can request assistance over the phone and receive quick help for any technical account issues they may encounter. In addition, the latest subscription service will also offer members in the United States the convenience of a pre-filled 8949 tax form, simplifying the cryptocurrency tax filing process by automatically arranging your transactions.
On May 2, C.oinbase introduced the Coinbase International Exchange, a new institutional platform designed specifically for crypto derivatives trading. News of Coinbase’s strategic decision to expand its operations internationally by introducing a global platform comes in response to the regulatory challenges the exchange continues to face in United States. Despite Coinbase’s commitment to expand internationally, its CEO, Brian Armstrong, has assured users that he continues “100% committed” to the US market.
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