- Coinbase launched Coinbase One on Thursday.
- The new subscription service offers a variety of perks to users.
- Coinbase One is now available in the U.K., Germany, and Ireland.
The tough regulatory environment in the U.S. has had a negative effect on centralized exchanges like Coinbase. However, the second-largest cryptocurrency exchange in the world continues to ship new products.
On Thursday, Coinbase announced it would take Coinbase One out of beta and expand it to Europe.
Coinbase One Offers New Perks
Coinbase seems to be unbothered about the predatory regulatory environment in the U.S. with the release of Coinbase One, its newest subscription service.
Sponsored
Until yesterday, Coinbase One was in beta and available only to U.S. customers. However, Coinbase said on Thursday that the subscription service is out of beta and offers new features.
Besides offering zero trading fees and a dedicated support team, Coinbase One now features boosted staking rewards and benefits from partners like Messari and CoinTracker. Coinbase One costs $29.99 per month.
On top of that, Coinbase has expanded the subscription service to customers in the U.K., Germany, and Ireland. The exchange revealed that it plans to offer Coinbase One to 35 countries worldwide.
Coinbaseโs stock reacted negatively to the news. COIN closed down 1.28% on Thursday, according to data from Yahoo! Finance. Itโs currently trading at $60.43 in the premarket.
On the Flipside
- Coinbase Oneโs increased staking rewards might be another reason the SEC goes after the exchange.
Why This Matters
Coinbase users can now get a full zero-fee trading package and extra perks. However, they should always do their own research before deciding whether to subscribe or not.
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