The Coinbase cryptocurrency exchange is ready to launch its subscription service called "Coinbase One" in 35 countries. Initially, only customers in the UK, Germany and Ireland will have access to Coinbase One. According to May 18 advertisement, Coinbase One aims to provide features such as fee-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 provide additional benefits to its members.
2/ The best of Coinbase now โจbetterโจ Unlock zero trading fees, a dedicated support team, enhanced staking rewards, and exclusive partner benefits with Coinbase One, all for $29.99/month.
Claim your 30-day free trial โ https://t.co/agCecP7lsp
โ Coinbase ๏ธ (@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 immediate help for any technical issues with the account they can find. In addition, the latest subscription service will also offer US members the convenience of a pre-filled Tax Form 8949, simplifying the crypto tax filing process by automatically arranging your transactions.
Related: Coinbase's internationalization provokes reactions from the community: "Crypto is global"
On May 2, Coinbase introduced the Coinbase International Exchange, a new institutional platform designed specifically for trading crypto derivatives. The news of Coinbase's strategic decision to expand its operations internationally by introducing a global platform responds to regulatory challenges the exchange continues to face in the U.S. Despite Coinbase's bid to expand internationally, CEO Brian Armstrong has assured users that he is still โ100% committedโ to the US market.
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