Coinbase Lowers Advanced Trading Threshold to $10K
Coinbase has announced significant changes to its Advanced fee structure in an effort to boost user engagement and trading volume. The new fees will lower the entry threshold for advanced trading tiers from $25K to $10K, as revealed on Coinbase's official Twitter account.
This move is expected to attract more users to the platform, enhancing trading activity and potentially driving volume growth. By allowing both spot and derivatives trading volumes to count towards the advanced trading tiers, Coinbase aims to incentivize users to engage more deeply with its platform.
The inclusion of $USDC holdings as a qualifying factor for VIP status further enhances the appeal for users holding stablecoins. This change is likely to resonate well with both existing and potential users, driving increased trading activity on the platform.