Coinbase has added boosted staking rewards to its Coinbase One subscription offering.
The cryptocurrency exchange platform has also expanded the availability of Coinbase One from the United States to the United Kingdom, Germany and Ireland, Coinbase said in a Thursday (May 18) blog post.
“We’re committed to expanding access to Coinbase One to even more countries in the coming months, bringing the benefits of crypto to the rest of the world with our international expansion strategy,” the company said in the post.
Together with the boosted staking awards, Coinbase has also added exclusive benefits from partners to Coinbase One, which is priced at $29.99 per month, according to the post.
The first such benefit is 90 days of crypto market insights and analytics from Messari. Others that are “coming soon” are exclusive offers on an Alto IRA, Blockworks’ Permissionless II event, CoinTracker personal crypto portfolio analytics and Lemonade personal insurance products, the post said.
“Getting more value out of crypto is important no matter the state of the market,” Coinbase said in the post.
These new additions join the existing benefits of the subscription offering that include zero trading fees and a dedicated support team that provides help via phone with technical account issues or tax filing. Members in the U.S. also get a prefilled tax form related to crypto transactions, per the post.
“No matter if you’re an active trader or a longer-term investor, Coinbase One will continue bringing members the best that Coinbase offers and enable them to save, earn and do more with their crypto,” the company said in the post.
Coinbase rolled out the Coinbase One subscription service in the U.S. in November 2021, initially in beta.
In August 2022, Coinbase CEO Brian Armstrong announced that the firm was planning to focus more aggressively on moving to a subscription-based trading model.
Coinbase also expects to boost its investments in markets outside the U.S.
Armstrong said in April that Hong Kong, Europe, the U.K. and Singapore are ahead of the U.S. in developing regulatory clarity around crypto.
The U.K., in particular, has shown leadership in this area and is working to become a Web3 hub, Armstrong said.
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