Coinbase launched its subscription-based service 'Coinbase One'
Coinbase launched its subscription-based service 'Coinbase One'
Cryptocurrency exchange Coinbase announced that it will open access to the Coinbase One service for its clients in 35 countries.
Coinbase One is a subscription-based service that offers charge-free trading, higher staking rewards, 24/7 customer support, and exclusive benefits from Messari and CoinTracker.
The service will initially launch in the United Kingdom, Germany and Ireland. The subscription will cost $29.99 per month, with Coinbase offering access to a free 30-day trial, according to the cryptocurrency exchange's website.
Coinbase expects the product to provide stable and predictable revenue, as the cryptocurrency sector is currently experiencing a bearish market period. In the first quarter of 2023, the exchange's subscription revenue rose to $362 million, nearly double the amount from the same period last year.
The cryptocurrency exchange launched a beta version of Coinbase One in 2021, which was available to a limited number of users.
Earlier, it was reported that Coinbase had expanded its services in Singapore.
The Coinbase exchange has more than 43 million clients and focuses on traders of all levels. The total assets on the platform amount to more than $90 billion.
