Coinbase carries out test of the toll -free trade

Coinbase carries out test of the toll -free trade

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Since Coinbase tries to distance itself from transaction -based income, the stock exchange has started to recruit the first customers for Coinbase One, a subscription service that is connected with trade fees of $ 0

discounts of the subscription also include an account from up to 1 million US dollar and telephone. A Coinbase spokesman rejected the price that is invoiced monthly.

Coinbase One is currently in the beta launch, the stock exchange shared.

The stock exchange has stated trade fees as its main source of income in the past, but has been trying to diversify its profit currents for months. In May 2021, the revised version of Coinbase Prime, the Stime Brokerage Service of the Stock Exchange, was introduced.

In January 2022, Coinbase announced that the Fairx derivate exchange regulated by the Commodity and Futures Trading Commission announced, which offers another option to diversify the income.

"In the past, transaction revenue may have identified the lion's share of our income," said Alesia Haas, Chief Financial Officer from Coinbase, during the stock exchange conference for the fourth quarter of 2021. "We take steps to diversify this income and also increase our non -transaction -related sources of income."

The executives of Coinbase also prepared the shareholders for a quieter first quarter of 2022 and said that in the first three months of the year they expect a lower monthly transaction volume of the users and a lower total trade volume.

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The Post Coinbase Rolls Out Test of No Fee Trading is not a financial advice.