The U.S.-based crypto exchange is also adding extra perks to the $29.99/month Coinbase One subscription product.
For Coinbase, a subscription product offers a predictable income stream over the lumpy revenue that comes from traders diving in and out of fickle crypto markets. The exchange’sto $362 million in the first quarter of 2023 from the same period a year earlier.
"Through the bull market 18 months to two years ago, there was tons of growth, but we wanted customers to stay… That was the inspiration. How do we build a longer, deeper relationship with our customers and make it a win-win?” Phil McDonnell, Coinbase's senior director of product management, told TechCrunch.Coinbase has been attempting to reduce its reliance on its home market following a string of unwelcome moves by U.S.
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