Fri, September 27

Coinbase Introduces Zero Trading Fee Program Competing With Binance

Coinbase Introduces Zero Trading Fee Program Competing With Binance Exchange News
  • Binance revived its zero-charge trading program for Auto Invest customers. 
  • A $29.99 monthly bundle includes zero-charge trading along with other perks.

Coinbase, a leading cryptocurrency exchange located in the United States, has launched a zero trading fee program, among other measures, only hours after Binance revived its zero charge trading program for Auto Invest customers. The cryptocurrency exchange Coinbase has been teasing a significant surprise for this Friday with countdown postings.

Between May 18 and June 18, Binance is offering it’s Auto Invest customers commission-free trading. As many as 210 different digital currencies will be supported. Similarly, hundreds of crypto tokens are compatible with Coinbase’s One program, a $29.99 monthly bundle that includes zero-charge trading.

Eyeing Expansion Outside U.S

Additionally, the US-based exchange is bringing its Coinbase One service to other countries. There are no trading costs with the Coinbase One program, and you also have access to specialized support staff. The exchange also announced that users of Coinbase One are eligible for increased staking rewards and exclusive access to Messari and CoinTracker.

The exchange stated:

“We want everyone around the world to access the best of Coinbase, and we’re starting by expanding access to customers in the UK, Germany, and Ireland. We’re committed to expanding access to Coinbase One to even more countries in the coming month.”

In addition to the existing customer base in the United States, Coinbase One is now available to users in the United Kingdom, Germany, and Ireland. At a time when U.S. officials are putting pressure on crypto firms to voluntarily comply with irrelevant regulations, the exchange has said that it is looking forward to expanding the service internationally. A global cryptocurrency exchange was recently launched by the corporation.

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A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.