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Coinbase One

Coinbase One





Last Updated Apr 23, 2024  |  Affiliate Disclosure

  • Review


  • Coinbase launched a $30/month subscription service named Coinbase One which offers zero trading fees on Simple Trades and other benefits.
  • You also get boosted staking rewards, 24/7 phone support and $1M of account protection.
  • Coinbase is the safest exchange in the world, but it's notorious for its high fees. If you want a low-cost crypto exchange without spending $30/month, check out our crypto exchange rankings.

What Is Coinbase One?

Coinbase One is a paid subscription program priced at $30/month that offers $0 fees on Simple Trading and benefits such as priority support, boosted staking rewards, and $1M in account protection. Unfortunately, spread fees still apply and trading fees are not waived for Advanced Trades or Coinbase Pro.

The service is priced at $30/month and eligible users can get a free trial for 7-30 days. Coinbase One first launched in 2022 in the USA and has since expanded to other countries like the UK, Germany, and Ireland. 

Coinbase’s strategy is to diversify earning solely via transaction fees. A subscription-based model allows them to experiment with non-transactional revenue streams and expand their service offerings.

Where Is Coinbase One Available?

Coinbase One is currently available in over 30 countries including the US, UK, Canada, Germany, and Ireland. Eligible users can test it out with is either a 7 day or 30 day free-trial. Eventually, it's likely that the subscription service will roll out to all 100+ Coinbase-supported countries.

Coinbase One Screenshot

Key Features & Benefits

  • Zero Trading Fees. All transaction fees are waived for buying, selling, and converting crypto under Simple Trades. This could help some traders save hundreds of dollars per month. However, spread fees still apply which can be 1% or higher.
  • Boosted Staking Rewards: In regions where staking is supported, the commission fees are reduced by about 10%. 
  • 24/7 Phone Support. A dedicated phone line gives access to 24/7 assistance for all account-related issues. Regular Coinbase users need to submit an email ticket with a standard response time of one day.
  • Account Protection (Up To $1 Million). Coinbase One accounts are insured for amounts up to $1 million in portfolio value. If a user's account was drained without their knowledge, they stand a chance at reimbursement.
  • Pre-Filled Tax Forms. US clients will not have to manually gather record for their capital gains taxes with the IRS. Form 8949 for capital gains taxes is automatically filled for all Coinbase trade activity. 

How Does The $1M Protection Work?

Each case will undergo a detailed review and the insurance does not cover everything. For example, if a user gives their password/2FA codes to a scammer on a phishing site, even without knowing they were dealing with a scammer, they may not be eligible for the reimbursement. 

Coinbase claims it retains the right to cease offering this feature for future users. It is often difficult to determine who is at fault in scams and whether the customer is making a legitimate claim or they are in on the scam. More info about the $1M policy is available in this article.

Insurance Eligibility Criteria

  • Must have have an active Coinbase One subscription for over 30 days.
  • Coinbase account must be active for at least 30 days prior to the incident.
  • Must have two-factor authentication enabled (SMS doesn't qualify).
  • Need to enable Coinbase App push notifications on mobile.
  • Must report the incident to their local police and attach the police report.
  • Account needs to be in good standing with Coinbase.
  • Must report the incident within 90 days from the time it occurred.
  • Can't be rude to Coinbase employees and can't attempt to contact them outside official support channels.

How Much Should You Trade to Make it Worthwhile? 

Coinbase One Price and Free Trial

The fees for "Simple Trading" range from a flat $0.99-$2.99 to a 3.84% fee. To break even on your Coinbase One subscription you need to make 10-30 trades per month or make just one $800 trade to hit $30 in fees. Keep in mind, you are still paying spread fees, which can be 1% or higher.

Here is the breakdown:

  • $0.99 fee for $10 or less (30 trades needed to break even)
  • $1.49 fee for $10-$26 (20 trades)
  • $1.99 fee for $27-$54 (15 trades)
  • $2.99 fee for $54-$78 (10 trades)
  • 3.84% fee for $79-$7,500 ($800 = $30.74 in fees)

And remember that Coinbase One only applies to Simple Trades. So if you use Coinbase Advanced Trade, which starts with a 0.60% taker fee, the fee will not be waived.

Coinbase One vs. Advanced Trading Fees

Without buying Coinbase One, you can trade at least $5,000 month on Advanced Trade or Coinbase Pro to hit $30 in fees. Advanced Trading does does not qualify under your Coinbase One subscription and starts with a 0.60% taker fee.

Coinbase Advanced Trade Fees

What Does Reddit Say About Coinbase One?

I headed to Reddit to see what users were saying about the newly-unveiled Coinbase One features and their experience with the service. Here are some fo the good and bad comments left by users:

  • "To my knowledge, Coinbase's standard customer support is non-existent. So to actually have customer support is a step up. They refer to it as "priority" support.”
  • “I decided to test it out so I actually called them the first day I enrolled and was thrilled that I only had to wait about 2 minutes before I had a live, native English-speaking agent on the line."
  • To me 30$ for the service seems just pricy" to which another user responded: "$30 is pricey, no doubt about that. It really just depends on how much you buy on an average month and how important insurance and customer support is to you."

The responses were generally positive and concluded that Coinbase One is akin to Robinhood Gold for the crypto industry; and that traders who do decent-sized trading volume and need better support will benefit from the service.

Is Coinbase One Worth It?

Coinbase One will save you money if you only use simple trade and have over 10-30 standard trades per month. Investors can also benefit from the $1 million protection and 24/7 phone support.

However, if you're just looking for low-cost cryptocurrency trading, Coinbase One is not ideal. Spread fees still apply, trading fees aren't waived on Advanced Trades, and you can find cheaper crypto exchanges without getting charged $30 per month!

If you want low fees, some of the cheapest crypto exchanges we found include Kraken and OKX. You can also visit our list of non KYC exchanges, which have low rates for altcoins.


  • Trading Fees Waived. Pay $0 in Standard trading fees for up to $10,000 trading volume. 
  • $1M Account Protection. Get peace of mind knowing your account is insured. Coinbase is also one of the safest crypto exchanges in the world.
  • Faster Support. Get a 24/7 phone line connection to Coinbase's customer service.


  • Small Traders Won't Save. If you only make 2 or trades or trade a few hundreds dollars per month, you won't benefit from 0 trading fees.
  • Zero Fees Are Capped. The fee waiver has a limit of $10,000/month trading volume.n
  • Spread Fees Still Apply. 
  • Insurance Doesn't Cover Everything. There are exclusions and lots of criteria you must follow to stay eligible.
  • Coinbase One Does Not Apply To Coinbase Pro, Advanced Trade or Prime Broker.

Coinbase One Alternatives

Here are the best Coinbase alternatives where you'll get lower fees without paying $30/month. When choosing the best crypto exchange, we look for things like low fees, robust security, easy deposits and withdrawals, and a good user experience.

Coinbase One

Coinbase One







Coins Supported





Spot Trading Fee





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1. Kraken

Kraken Web App Home

Kraken is the best Coinbase and Coinbase One alternative because of its low fees, simple user interface, and supported fiat currencies. Kraken is one of the most trusted platforms in the industry that has been operating for over a decade.

They offer 200+ cryptocurrencies, beginner and professional trading, and US deposits and withdrawals. They also have high liquidity, ensuring you'll get great rates on altcoins. The maker/taker fees are 0.16%/0.26%. They are US-based, regulated and they communicate their security very well on their website.

2. BYDFi

BYDFi Classic Spot Trading

If you want to trade crypto futures and a wider selection of altcoins, BYDFi is a solid choice with no KYC or VPN needed. US customers can sign up and enjoy 500+ altcoins, up to 200x leverage trading, and copy trading features.

BYDFi has good volume, fair fees, and no red flags when it comes to security, making it a good choice. However, it's not the best fiat on/off ramp, so it's best to use it alongside a platform like Kraken.

3. Binance.US


If you don't want lots of money going to fees, but still want a safe, powerful trading platform with lots of features, Binance.US is a top pick.

Their key features include 200+ cryptocurrencies and low fees, making it a popular choice for traders. Binance US has 0% trading fees on tier 0 trading pairs like BTC/USD, ETH/USD, and more. All other trading pairs have a 0.40%/0.60% maker taker fee. If you pay for fees with BNB, the fees can be reduced to 0.30%/0.45%.

Binance US is a regulated platform in the USA, has billions of dollars in reserves, and is owned by the largest crypto exchange in the world.


Is Coinbase One The Same As Coinbase Pro?

Coinbase One and Coinbase Pro are two different products. Coinbase One is a subscription membership inside the main Coinbase app. Coinbase Pro, on the other hand, has a separate website and mobile app for advanced trading only. Users who pay for Coinbase One do not get fee exceptions when trading on Coinbase Pro.

Who Can Get A Free Trial?

The free trial is only available for Coinbase users who fall under the eligibility criteria and have not participated in any free trials offered by Coinbase over the last 12 months.

How Much Does Is Cost?

Coinbase One costs $29.99 per month after the 30-day trial period expires. Users have the option to pay on a monthly or annual basis. The monthly fee is subject to change and may increase or decrease in cost once the product is out of the beta testing stages.

How Do You Cancel Your Subscription? 

  1. Login to Coinbase
  2. Head to the "Coinbase One" page
  3. Select "Manage Subscription”
  4. Press on "Cancel Subscription"

How Do You Pay For Coinbase One?

Users have the option between ACH Wire Transfers and a Debit Card. The card is required to access the 30-day free trial, after which a user is automatically charged unless they opt-out. 

  • ACH Bank Wire: An ACH wire transfer is only available in the United States and may incur a sending fee up to $3. ACH wire transfers are processed on the same day. 
  • Debit Card. A debit card transfer is subject to fees based on the issuer, but payments are processed instantly.

Is Coinbase One Customer Support Good?

Coinbase One customer support has received excellent reviews, with many traders saying they were able to get help from native English-speaking representatives over the phone. The company’s regular support system might be slow for most users, and if a user needs immediate attention, they will definitely benefit from the boost in customer service quality.

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