SAN FRANCISCO, Friday, August 23, 2024- Coinbase is aiming to boost blockchain adoption with its premium service, Coinbase One.
The company is offering its members $10 in gas fees on the Base network each month, effectively reducing the costs associated with crypto transactions.
By offering $10 in gas fees each month, Coinbase One is making blockchain usage more affordable and accessible.
Interested users can take advantage of a 7-day free trial to explore the benefits of Coinbase One and start saving on their blockchain transactions.
With gas fees as low as a few cents, Coinbase One users can potentially make hundreds of transactions for free each month.
This is particularly beneficial for those who frequently engage in crypto activities on the Coinbase blockchain, as it significantly cuts down on transaction costs.
In addition to free gas fees, Coinbase One said it provides other perks such as fee-free transactions, boosted staking rewards, and priority support.
The benefits make it an attractive option for regular crypto users seeking to optimize their costs and improve their overall experience.
The Coinbase One initiative could have a significant impact on blockchain adoption, analysts say.
By lowering transaction costs, the company is making blockchain more accessible to a wider range of crypto users. This could encourage more people to utilize blockchain for various applications, including payments, smart contracts, and decentralized applications (dApps).
