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Coinbase (COIN), the cryptocurrency exchange, has officially launched its zero-fee subscription service, Coinbase One, after successfully concluding its beta testing phase. This service has expanded its availability beyond the United States, now encompassing the United Kingdom, Germany, and Ireland.
In a statement released on Thursday, it was announced that customers can enjoy the benefits of zero trading fees and increased staking rewards for a monthly fee of $29.99. This service has been undergoing beta testing since 2021.
In an effort to enhance its international footprint, Coinbase is set to launch Coinbase One in 35 countries, as per an email received from the company by CoinCryptoUs. This strategic move comes in response to CEO Brian Armstrong's previous remarks, expressing the company's willingness to explore opportunities abroad if the regulatory environment in the United States fails to provide clarity.
Coinbase One will provide a range of additional benefits to its U.S. clients, including pre-filed tax return documents, access to Messari insights and analytics through a "Pro" account, and a complimentary six-month trial for personal crypto portfolio analytics courtesy of CoinTracker.
"In total, Coinbase One has a presence in 35 countries (predominantly in Europe) - in these other countries Coinbase One is rolling out to full availability in the coming months, and we plan to expand to additional markets internationally," the email added.
