Coinbase Pells up the subscription plan by introducing the American Express card

Coinbase On Thursday, she presented its first credit card in partnership with American Express.

The card will be available exclusively for US members in Coinbase One, the monthly subscription producer of Cryptocurrency, which provides zero trading fees, increased Staking bonuses And other privileges. In addition, Coinbase also creates a low -cost “basic” subscription layer.

Card holders will be able to win between 2 % and 4 % in BitcoinStarting from this fall, taking advantage of experiments, protection and other advantages that are offered alongside the American Express. Coinbase one It costs $ 29.99 per month, while the primary layer with less bonuses costs $ 4.99 per month or $ 49.99 per year.

“We see real capabilities in a mix of Coinbase and Crypto with the strong support of America Express, and what the card offers is an excellent mixture of what customers are looking for at the present time,” said Will Stradwick of American Express International Network Services at Coinbase in Chefro City in New York City.

Coinbase’s Crypto Exchange for Coinbase institutional investors is its basic business, but the company builds subscriptions and services, which consists of Stablecoins, upgrading, and subscriptions such as Coinbase One and Custody, which supports most Bitcoin and Ether Etf.

William Blair Andrew Jeffrey analyst said on Wednesday that the growth of the subscription revenues “will be the reason that the long -term investors have shares.”

Trading revenues A total of $ 1.26 billion in the first quarterWhile subscription revenues and services amounted to $ 698.1 million per quarter.

Coinbase One has been launched in 2023 and has grown to more than a million members since then. The company also runs a developer called Base and a self -allergic wallet.

The launch of the Coinbase One comes as the Crypto industry is preparing for a boom in the launch and deportation of products thanks to the pro -ECP policies of the Trump administration and more clearly expected encryption regulations than Congress in the coming months.

This is the first launch of Coinbase’s credit card, although he presented a pre -paid discount card in partnership with Visa In 2020, American Express had previously held a partnership with the ABRA trading platform on an encrypted card that is scheduled to reach the market in 2022, but it was never achieved. Other encryption cards are turned off or the encryption removal as a recovery option.

Among the remaining offers, GEMINI, the 11 -year -old Winklevoss Prothers trading platform It was clearly presented to return to public places Last week, it offers an encrypted credit card PayPalVenmo -owned users allows “gain” encryption from its credit card through the “Automated Money Recover” function to Crypto.