What Coinbase’s New Subscription Service Offers

Coinbase One is now available in the U.K., Germany, and Ireland.

Coinbase One subscription on a computer screen next to a robot with Coinbase 'c' logo eyes using the keyboard.
Created by Kornelija Poderskytė from DailyCoin
  • 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. 

Sponsored

Coinbase’s stock reacted negatively to the news. COIN closed down 1.28% on Thursday, according to data from Yahoo! Finance. It’s currently trading at $60.43 in the premarket.

On the Flipside

  • Coinbase One’s 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.

Read more about FIL’s reaction to the SEC’s comments:

Filecoin (FIL) Barely Moves After SEC Tells Grayscale Token Is Security

Read more about increased activity on Polygon zkEVM and a potential airdrop:

Polygon zkEVM Activity Spikes Following Co-Founder’s Airdrop Hint

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Arturas Skur

Arturas Skur is a cryptocurrency news reporter at DailyCoin who covers Web 3.0 domains, DeFi, and Ethereum Layer-2s. With over five years of experience in journalism and public relations, Arturas brings his critical thinking and analytical abilities to deliver insightful news stories. In his free time, he enjoys hiking, playing with his dog, and reading.