Crypto exchange Coinbase (Nasdaq: COIN) has begun testing a subscription service for customers to buy, sell and convert digital currencies without trading fees, according to a company spokesperson.
- Spread fees will still apply to each trade.
- “We’re always looking to learn more about how we can best serve our customers in different ways,” the spokesperson said. “Right now we are still in early stages, so everything about the future product experience will be shaped by the feedback we receive from our users.”
- Coinbase already has a tiered-fee platform called Coinbase Pro for traders and crypto enthusiasts. The new service is called Coinbase One, The Block reported earlier.