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Coinbaseās mission is to increase economic freedom in the world. An open financial system will provide better access to financial services for everyone, and enable greater economic freedom for individuals and businesses. A core part of making this mission successful is continuing to develop a healthy and liquid exchange for crypto assets. Today we are announcing that we have updated our pricing for 9 āStable Pairsā and will continue to add additional pairs with competitive pricing.
Stable Pairs, or a price quotation between two cryptocurrencies where the price is designed to be pegged to some external reference such as the USD, play an important part of the crypto ecosystem by allowing users to benefit from multiple funding options and instant settlement. The Stable Pair market has grown 10x in trading volume over the last 6 months. Leveraging our fiat rails and our USDC issuer status, we feel confident that introducing Stable Pairs to the market will be an attractive offering to our global userĀ base.
Effective June 1, Coinbase Pro in Stable Pairs are simply 0 bps for maker volumes, 1 bps for taker volumes for all volumeĀ tiers.
- Stable Pairs subject toĀ change
Stable PairĀ Fees
Pricing Tier = All VolumeĀ Tiers
Maker Fee =Ā .00%
Taker Fee =Ā .01%
Coinbase clients will be able to access these Stable Pairs through Coinbase Exchange which is the deep pool of liquidity underpinning many of our trusted retail, institutional, and business products. Our exchange is one of the most liquid regulated crypto spot exchanges in the world and has a dynamic fee structure for high-volume trading. To learn more about Coinbase Exchange clickĀ here.
Coinbase Exchange unlocks Stable Pair trading was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.