Coinbase, one of the leading cryptocurrency exchanges, has unveiled its highly anticipated subscription service, Coinbase One. Aimed at providing a host of exclusive benefits to its members, this innovative offering is set to revolutionize the way users engage with digital assets.
Expanding Horizons: Coinbase One Goes Global
According to Coinbase’s press release, its new service is set to make its mark across 35 countries, providing cryptocurrency enthusiasts with unparalleled access to a range of advantages. While initially launched in the United Kingdom, Germany, and Ireland, the subscription service will soon expand its reach to other regions, creating a truly global community of users.
Zero-Fee Trading and Amplified Staking Rewards
One of the most enticing aspects of Coinbase One is its zero-fee trading feature. Members can now trade their Bitcoin, Ethereum, and other digital assets without incurring any transaction fees, enabling them to maximize their investments. Additionally, the platform offers amplified staking rewards, allowing users to earn even more by participating in cryptocurrency staking.
Exclusive Partnerships for Added Benefits
Coinbase has collaborated with esteemed industry players like Messari and CoinTracker to enhance the Coinbase One experience. Through these partnerships, members gain exclusive access to additional tools that further optimize their cryptocurrency journey.
These added perks set the new service apart from other subscription services in the market. The benefits mentioned can be availed for as low as $29.99 monthly.
Unmatched Support and Simplified Tax Reporting
Understanding the importance of seamless user experience, Coinbase One provides members with access to a dedicated 24/7 support team. This ensures that any technical account issues are promptly addressed, offering peace of mind to subscribers.
Furthermore, United States members can enjoy the convenience of a pre-filled tax Form 8949, streamlining the process of filing crypto taxes by automatically organizing their transactions.
Trial Period and Future Collaborations
To entice new users, Coinbase One offers a complimentary 30-day trial period, allowing individuals to experience the service firsthand before committing to a subscription. Looking ahead, Coinbase plans to collaborate with additional partners such as Alto IRA, Blockworks’ Permissionless, and Lemonade, bringing even more advantages and opportunities to its members.
Coinbase’s Global Aspirations
In addition to the introduction of Coinbase One, the cryptocurrency exchange has recently launched the Coinbase International Exchange, an institutional platform tailored for crypto derivatives trading. This move reflects the company’s determination to expand its operations internationally, while CEO Brian Armstrong assures users of the company’s unwavering commitment to the U.S. market despite regulatory challenges.
It should be noted that the company has been clashing a lot with the US Securities and Exchange Commission as late, which led Armstrong to say that they will be bringing their business elsewhere. While it initially appeared that Coinbase is planning on ditching its US operations for greener pastures, its CEO has since then retracted his statement and ensured customers there that they are not leaving the country and they are just expanding their operations overseas.
Final Thoughts
Coinbase One represents a groundbreaking milestone in the world of cryptocurrency. With its zero-fee trading, amplified staking rewards, exclusive partnerships, and comprehensive support, this subscription service offers an unprecedented level of leverage to its members.
As Coinbase continues to evolve and expand globally, it solidifies its position as a leader in the digital asset space, providing users with unparalleled opportunities to engage with cryptocurrencies.
Giancarlo is an economist by profession with a career spanning nearly two decades. His professional journey has seen him assume vital roles in various government and private organizations such as the Department of the Interior and Local Government (DILG), the National Economic and Development Authority (NEDA), Megaworld Corporation, and the China Banking Corporation in the Republic of the Philippines.
In addition to his civic and corporate pursuits, his forward-thinking approach has led him to manage several prominent websites in the banking and finance sector, notably the Australia-based RateChoice, where he immersed himself in the world of emerging financial technologies and where he found particular interest in Bitcoin all the way back to 2013.
Prior to his addition to Blockzeit’s dynamic team, he held an essential role as Project Manager for initiatives encompassing blockchain, stablecoin, mining, special economic zone development, and iGaming. This noteworthy chapter in his career unfolded under the auspices of InPlan Consultancy Services, Inc., the think-tank of IMPERO Consortium Management Corporation headquartered in Manila, Philippines, and Tokyo, Japan. InPlan, led by a distinguished retired Cabinet member of the Philippines, collaborates directly with IMPERO’s core management team, contributing to strategic planning and business development endeavors.
