Coinbase Aims to Become an Everything Exchange with New DEX Trading Feature for U.S. Customers

Key Points

1. Coinbase introduced DEX trading for U.S. customers, excluding New York, allowing direct access to new tokens via its mobile app.

2. The feature supports trading of tokens minted on Coinbase’s Base network, with plans to add assets like Solana in the future.

3. DEX trading on Coinbase differs from traditional exchanges by not requiring KYC compliance, offering enhanced access to users.

4. The launch aims to empower developers on the Base network by facilitating seamless token distribution and trading.

5. Coinbase’s move is a step toward making crypto trading more accessible and expanding its offerings beyond traditional exchange services.