San Francisco-based crypto exchange Coinbase is expanding its offerings to other regions amidst the strict regulatory environment in the US crypto market.
The Coinbase One trading platform has been updated and its product access has been extended to the US, UK, Germany, and Ireland. With the Coinbase One subscription, users can access exclusive benefits such as zero trading fees, partner deals, and 24/7 customer support.
Coinbase plans to roll out the service in 31 other European countries in the coming months. The firm's new strategy seems to be working as its subscription and services revenue increased 138% from $152 million in 2022 to $361.7 million in Q1 2023 alone.
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