Coinbase Prime launches Web3 Wallet
Coinbase Prime, a trusted name in crypto, has introduced its institutional-grade Web3 Wallet, seamlessly integrated with Coinbase Cloud. This cutting-edge wallet empowers institutional investors, offering secure multi-user on-chain access for a diverse range of supported crypto assets. With it, clients can trade, interact with dapps and smart contracts, tap into decentralized liquidity, engage in DAO governance, lend assets, mint and manage NFT collections, and handle web3 social accounts.
Key Features of Coinbase Prime
- Coinbase Prime offers on-chain capabilities for crypto trading.
- All the user’s assets can be securely stored in one place within Coinbase Prime .
- It provides DEX aggregation and an integrated bridge for seamless crypto trading .
- Readable transaction simulation is a key feature, enhancing transparency for institutional investors .
- MEV protection safeguards against miner-extractable value.
- Enterprise-grade security and tooling are provided, including convenient recovery options.
- Team member permissioning and a Web3 policy engine enhance security for crypto users.
- Dapp blocklists to help manage and reduce potential risks within the Coinbase Prime ecosystem.
For more information you can check Coinbase Prime.
Benefits
- Coinbase Prime offers a secure platform for managing crypto assets, ensuring they are all in one place for easy access and custody.
- Authentic crypto price data provided by Coinbase Prime ensures transparency and reliability for traders.
- Traders can create orders and execute trades on this platform without the need for third-party intermediaries, streamlining the crypto trading process.
- It has a dedicated customer support team to ensure efficient technical assistance for all users.
- It provides institutional investors with access to a trusted and highly liquid pool, ideal for high-volume trading.
- It offers advanced reporting and charting capabilities and offers valuable insights, supporting strategic decision-making.
- It also offers dedicated account management to personalise services and ensure operational efficiency for traders.
Coinbase Prime vs. Coinbase Pro
Pricing
Coinbase Prime employs a tiered pricing model, allowing users to choose a plan based on their specific needs. The Standard plan offers essential trading capabilities and standard customer support at a more affordable cost. On the other hand, the Premium plan, available for a higher fee, provides advanced features like advanced charting tools, dedicated account management, and priority customer support. For precise pricing details, prospective users are encouraged to contact Coinbase directly to get accurate and up-to-date information.
Is Coinbase Prime For You?
Coinbase Prime offers a range of features and has received positive feedback, making it a viable option for both new and experienced traders. However, the decision on whether it’s the right platform for you depends on your specific needs. Every individual has distinct requirements, and conducting a thorough assessment is essential before making a choice.
Conclusion
Coinbase Prime is a robust platform designed for institutional crypto trading. It grants direct access to a diverse range of cryptocurrencies and real-time prices. Beyond trading, it incorporates features like asset staking and custody services, ensuring secure storage and efficient asset utilization. Users enjoy added conveniences like spending crypto and earning rewards. With transparent trading commissions and prime brokerage services tailored for institutions, Coinbase Prime not only addresses current needs but positions itself for continued growth in the evolving crypto landscape.