Tuesday, January, 21, 2025

Coinbase Launches DEX Trading: Trade Millions of Onchain Assets Instantly

coinbase
Picture of Anny Sam

Anny Sam

Anny is a skilled crypto writer, delivering clear, engaging content that simplifies complex blockchain concepts for a broad audience.
  • Coinbase DEX now lets U.S. users trade millions of on-chain assets instantly.
  • New Base-native tokens appear in the app within minutes of creation.
  • Expansion to Solana and more countries is coming soon.

Coinbase has introduced decentralized exchange trading directly into its main app. This move opens instant access to millions of assets that launch on-chain every day. Until now, Coinbase users could trade only a few hundred tokens. With DEX integration, that number will rise to millions.

The rollout starts in select U.S. regions, excluding New York State. At launch, the focus is on Base-native tokens. These include assets from projects like Virtual AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs. Each can be traded without leaving the familiar Coinbase interface.

The system is built to increase tokens in batches. Traders can await the expanding list over subsequent weeks. The strategy balances fast growth and reliable trading. Traders are encouraged to check the app regularly, noting fresh additions arrive moments after on-chain indexing.

Coinbase Simplifies Decentralized Trading

The new aspect eliminates the typical complexity associated with decentralized trading. No longer must one navigate various protocols or pay network fees outright. An integrated self-custody wallet handles the process, and Coinbase covers all transaction costs. Users may fund trades with a Coinbase balance or with USDC, creating a seamless and familiar experience.

Such popular DEX platforms as Aerodrome and Uniswap drive trading. When a user places a purchase order, Coinbase’s aggregator checks liquidity on top decentralized exchanges to offer the most favorable pricing. The platform presents pre-trade market data and risk information before every transaction. It blocks investments labeled as malicious or a scam by reputable third-party sources.

Coinbase Opens Faster Access for Token Issuers

This change is not only for traders. It also creates new opportunities for token issuers. In the past, projects had to wait for centralized listings before reaching a broad audience. Now, tokens launched on Base can be available to millions of Coinbase users within an hour of indexing.

Coinbase plans to expand DEX support to more networks, starting with Solana. Global growth is also on the agenda. The platform has its eyes on bringing access to fresh markets and providing traders with additional methods to diversify portfolios while bolstering innovation within the cryptocurrency realm.

More tokens are launched on a daily basis on Base than on any other platform. With DEX trading now within the Coinbase app, both builders and traders can get connected quicker than ever before.

Related Reading: Bitcoin Faces Critical Resistance at $117,600: Is a Bullish Momentum Coming?

How would you rate your experience?

Related Posts

Share on Social Media
Scroll to Top