Coinbase One: A New Era in Cryptocurrency Trading
As part of its plan to innovate and dominate the cryptocurrency exchange market, Coinbase is set to introduce its novel subscription service, "Coinbase One," to 35 countries worldwide. Initially, only clients in the United Kingdom, Germany, and Ireland will be able to avail themselves of Coinbase One services, as outlined in the company's May 18 announcement.
Features and Benefits: What to Expect from Coinbase One
"Coinbase One" is designed to be more than a standard trading platform. For a monthly fee of $29.99, members can enjoy features such as zero-fee trading, enhanced staking rewards, and exclusive perks through collaborations with leading industry entities like Messari and CoinTracker. Moreover, Coinbase plans to team up with other partners, including Alto IRA (Individual Retirement Account), Blockworks' Permissionless, and Lemonade, to extend benefits to its membership further.
Customer Support and Tax Convenience: Enhancing the User Experience
Coinbase's new subscription service will also offer an elevated level of customer support. Members will gain access to a dedicated 24/7 support team, allowing them to seek prompt help for any technical account issues they may encounter via phone. U.S. members will also appreciate the pre-filled tax Form 8949 provided by the service, streamlining the crypto tax filing process by automatically organizing their transactions.
Coinbase International Exchange: Expanding Horizons
Earlier in May, Coinbase launched the Coinbase International Exchange, an institutional platform tailored explicitly for crypto derivatives trading. This development aligns with Coinbase's strategic move to diversify its operations globally amid regulatory obstacles it continues to face in the U.S. Despite this international expansion, CEO Brian Armstrong reassures users of his unwavering commitment to the U.S. market.