Coinbase One Opens Subscriptions For Fee-Free Trades

It also offers dedicated support, $1M in account protection, and pre-filled tax forms for subscribers

article-image

Iryna Budanova/Shutterstock, modified by Blockworks

share

Coinbase is launching Coinbase One in 35 countries, including the US and the UK.

The first batch of countries also includes Germany and Ireland.

The subscription offers a variety of features – from zero trading charges, to pre-filled tax return document Form 8949 and access to customer support 24/7.

According to its website, Coinbase will also offer $1 million in account protections. 

Coinbase had previously rolled out fee-free trading last March, as part of the beta launch. 

Coinbase One retains the beta price of $29.99 a month and will include additional benefits in time. According to a blog post, soon Coinbase One subscribers will get 20% off tickets to Blockworks’ Permissionless II taking place in September.

The service will launch in 31 countries in the coming months, although an exact timeline is not yet known.

The switch to subscriptions comes after Coinbase struggled to maintain trading fees, which used to be its main source of revenue. 

The company, which reported earnings in early May, noted that the subscriptions and services revenue totaled $362 million, which was a 28% quarter-over-quarter rise from 2022’s fourth quarter.

“The balance in their business lines is testament to the potential power of the momentum of what the firm is trying to build,” Dan Weiskopf, a co-portfolio manager of the Amplify Transformational Data Sharing ETF (BLOK), previously told Blockworks following the company’s most recent earnings. 

The company’s moves to a subscription offering also come as it faces off against the SEC after the commission served Coinbase with a Wells notice in March of this year. 

A court forced the SEC to respond to Coinbase, to which the SEC responded that “mere months have passed since Coinbase’s petition was filed and even less time has elapsed since Coinbase supplemented the record.”


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

Industry City | Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

Brooklyn, NY

SUN - MON, JUN. 22 - 23, 2025

Blockworks and Cracked Labs are teaming up for the third installment of the Permissionless Hackathon, happening June 22–23, 2025 in Brooklyn, NY. This is a 36-hour IRL builder sprint where developers, designers, and creatives ship real projects solving real problems across […]

recent research

Research Report Templates (1).jpg

Research

Jupiter has emerged as the undisputed liquidity backbone of Solana, commanding over 90% of spot DEX aggregation and 80% of perp trading volume. But behind the numbers lies a far more ambitious play: a cross-chain, vertically integrated super-app spanning swaps, synthetics, NFTs, memecoins, and launchpads. This report explores Jupiter’s rapid rise, the monetization upgrades reshaping its revenue profile, and the risks that could unwind its dominance, from token dilution to competition. With annualized revenues nearing $300M, the upside is undeniable, if it can navigate the turbulence.

article-image

Zora’s announcement that its token is for “fun only” sparked a debate about the need for such tokens

article-image

In recent weeks, Helium has hit new all-time highs while passing major protocol milestones

article-image

Financial advisers in a January survey said equity ETFs were their top choice for gaining crypto exposure in 2025

article-image

“Why put a target out there that’s really speculative, not knowing exactly where this environment is going to go?” CarMax CEO Bill Nash said

article-image

While the head of Base may support legal sex work, Coinbase policies prohibit said workers from using its exchange.

article-image

EVM bottlenecks fundamentally hold back Ethereum’s scalability