The Mysterious Countdown Started by Coinbase Revealed! Here’s the Explanation

world’s largest cryptocurrency Coinbase, one of its exchanges, has revealed the mystery behind its two-day countdown on its website and social media platforms.

In the news we reported as Bitcoinsistemi.com, we stated that the countdown was said to be a new altcoin listing or the beginning of Coinbase’s international derivatives exchange. However, neither of these turned out to be true.

Instead, Coinbase introduced its latest product: Coinbase One.

What is Coinbase One Product Announced as a result of Cryptocurrency Exchange Coinbase’s Countdown?

This is a subscription product that gives members access to a range of benefits such as zero transaction fees, a dedicated support team, increased stake rewards and exclusive benefits from partners.

bitcoin According to the official Twitter account of exchange Coinbase, Coinbase One costs $29.99 per month and comes with a 30-day free trial. Users who sign up for a free trial next Thursday, May 25th before 19:00 will also receive a special Founding Member NFT that can be printed on their homepage within 20 minutes.

Coinbase One will also provide a dedicated 24/7 phone support line where users can speak directly to a Coinbase One team member for assistance with any issue.

one/ pic.twitter.com/yi84eItEbq

— Coinbase 🛡️ (@coinbase) May 18, 2023

Another benefit of Coinbase One is the pre-filled Form 8949, a tax form reporting capital gains and losses from cryptocurrency transactions. Users can create this form in Coinbase Taxes, which simplifies the tax filing process.

Additionally, Coinbase One members will have access to exclusive benefits from partners such as analytics from Messari Pro, discounts from Ledger and Lolli, and more. Coinbase One is currently available to a limited audience in the US.

*Not investment advice.