Cryptocurrencies
Coinbase Tests Commission-Free Subscription Trading Service
- Customers will still be charged spread fees for trading
- Fee-free rivals such as Robinhood are adding crypto customers
Photographer: Tiffany Hagler-Geard/Bloomberg
This article is for subscribers only.
Coinbase Global Inc. is testing a subscription service that lets customers trade on the biggest U.S. cryptocurrency exchange without paying fees for each trade.
Customers will still pay so-called spread fees on cryptocurrency sales and purchases made through the service. Currently, Coinbase customers pay a commission and spread fee. Any subscriber costs weren’t disclosed.