Monday, January 6, 2025

Coinbase One Reaches 600,000 Members, Launches Premium Tier

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KEY TAKEAWAYS

  • Coinbase One has reached over 600,000 members across 42 countries, showcasing its global expansion.
  • The introduction of Coinbase One Premium offers unlimited zero trading fees and enhanced rewards for a monthly fee of $299.99.
  • Coinbase enhances account protection, offering coverage for unauthorized access, with benefits extending to more regions next year.
  • To celebrate the launch of Coinbase One Premium, a contest offers a luxury trip to Munich for eligible members.

Coinbase has announced that its subscription service, Coinbase One, has surpassed 600,000 members across 42 countries. The milestone was revealed in a recent update here, highlighting the service’s expansion and the introduction of a new premium tier.

Initially launched in the United States, Coinbase One offered zero trading fees for up to $10,000 in trading volume per month. Over time, the service has expanded both geographically and in terms of benefits. These include boosted USDC rewards, enhanced staking rewards, and on-chain rewards such as free gas on the Base network. Most recently, a 25% rebate on Coinbase Advanced spot trading fees was added.

Introducing Coinbase One Premium

In response to user feedback, Coinbase has introduced Coinbase One Premium, a new tier that offers unlimited zero trading fees and boosted rewards. This premium service also includes a 25% rebate on an unlimited amount of Coinbase Advanced spot fees and $250,000 worth of coverage for unauthorized account access.

Coinbase One Premium members will benefit from exclusive access to a concierge desk, providing a dedicated account manager for personalized support. The monthly subscription fee for this tier is set at $299.99.

To celebrate the launch, eligible customers who upgrade or join Coinbase One Premium can enter a contest for a chance to win a luxury trip to Munich. The prize includes round-trip airfare, a two-night stay at a 5-star hotel, Michelin-starred dinners, and a custom luxury car experience. Details on how to enter will be available on December 13th.

Enhancements to the Core Coinbase One Plan

The core Coinbase One plan, priced at $29.99 per month, is also receiving upgrades. The account protection benefit is being enhanced to address unauthorized account access, a significant concern in the crypto space. In supported U.S. regions, Coinbase will restore lost crypto funds resulting from unauthorized transfers, up to $10,000 for new Coinbase One members and up to $250,000 for new Coinbase One Premium members.

This protection will be extended to existing Coinbase One members early next year and will eventually cover more countries. Coinbase continues to aim at building trusted crypto products and services, supporting users from beginners to high-volume traders.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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