Coinbase Upgrades Its Coinbase One Subscription Program, Launches New Coinbase One Premium Tier

The core Coinbase One plan now offers new members in supported regions within the U.S. an updated account protection benefit in which the company will restore up to $10,000 to the member in cases of unauthorized account access by a third party.

Cryptocurrency exchange Coinbase has unveiled new tiers and benefits for its Coinbase One subscription program.

Coinbase One now offers new members in supported regions within the U.S. an updated account protection benefit, where the company will restore up to $10,000 to the member in cases of unauthorized third-party account access, according to a Wednesday (Dec. 4) press release from Coinbase. This new program will be extended to existing Coinbase One members in supported regions in early 2025 and to additional countries after that, the release said.

The core Coinbase One plan starts at $29.99 per month in some regions, per the release. Members receive zero trading fees on up to $200,000 in total volume per month, boosted USDC rewards, 25% back on up to $200,000 in Coinbase Advanced spot fees and up to $250,000 in coverage for unauthorized account access.

Coinbase One also now has a Premium tier, which offers members around the world unlimited zero trading fees, unlimited boosted USDC rewards, 25% back on an unlimited amount of Coinbase Advanced spot fees, $250,000 worth of coverage for unauthorized account access, free gas on Base, exclusive partner benefits and exclusive access to the company’s concierge desk, according to the release.

The monthly price for Coinbase One Premium is $299.99, per the release.

Coinbase One membership has reached 600,000 across 42 countries, Coinbase also said in the press release. The subscription program started out in the U.S. by allowing traders to pay zero trading fees, up to $10,000 in volume per month, then expanded to include other regions and new benefits like boosted USDC rewards rates, boosted staking rewards, onchain rewards and a 25% rebate on Coinbase Advanced spot trading fees, according to the release.

“We have seen users consistently drawn to Coinbase One, and this has been even more apparent as the excitement in the crypto ecosystem and market have crescendoed in the last month,” the release said.

Coinbase rolled out the Coinbase One subscription program in beta in November 2021.

In a shareholder letter released in October, the company said it aims to drive revenue growth by expanding derivatives products, increasing its international footprint, enhancing custody services and deepening USDC’s integration into the crypto economy.