how are people feeling about this? i think it’s a pretty good deal, especially if you hold a lot of usdc or trade a lot - pretty high premium to basically get equivalent of fdic insurance, think that could be bumped to 500k to justify it

Today, Coinbase is launching Coinbase One Premium, a new tier that allows you to experience a truly unlimited version of Coinbase One.

Here’s what it includes ↓

Coinbase 🛡️

how are people feeling about this? i think it’s a pretty good deal, especially if you hold a lot of usdc or trade a lot - pretty high premium to basically get equivalent of fdic insurance, think that could be bumped to 500k to justify it 


https://x.com/coinbase/status/1864433806192542124?s=46&t=Yy6048FIfLRlntFA3yXpnw

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unclear what spread they are charging, is it truly “zero trading fees”? seems too good to be true. if so that’s a very good deal to offramp, better than OTC desks.

250k coverage is also decent

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I remember the spread was like 2% so the fees felt way more imo

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haha I dunno how they get away with charging a 2% spread. OTC desks are ~ 0.4-0.7% depending on yearly volume, standard CEX is ~ 1%.

Yeah I remember doing some math back when it came out. I remember this was for BTC pricing maybe the spread is better for other coins but you had to spend almost 10k a month on btc for it to make sense