Coinbase Unlocks DEX Power on Its App—Is This the Game-Changer for Base-Native Tokens You’ve Been Waiting For?
Ever wonder if your favorite crypto exchange could double as a decentralized trading platform without making you juggle multiple apps? Well, Coinbase just flipped that question on its head. By integrating decentralized exchange (DEX) functionality right into its main app—starting with tokens native to its own Base blockchain—it’s tearing down walls between centralized convenience and decentralized freedom. Imagine launching into fresh digital assets the moment they drop, trading seamlessly with your Coinbase balance or USDC, all while Coinbase foots the network fees. It’s like opening a new door to the crypto world without leaving your living room. For traders and token issuers alike, this move promises rapid access to millions, bypassing the old-school delays of listing approvals. Ready to see how Coinbase plans to widen this gateway even further, with networks like Solana on the horizon? Dive in. LEARN MORE
Users gain instant access to new digital assets and decentralized trading, with integrated wallets and enhanced security features.
Key Takeaways
- Coinbase is integrating decentralized exchange trading into its main app, starting with Base-native tokens.
- The new feature uses DEX aggregators for optimal pricing and enables rapid token launches, with expansion to other networks like Solana planned.
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Coinbase is rolling out decentralized exchange trading directly in its main app, initially offering access to tokens built on its Base blockchain to select US customers, except those in New York State, according to a Friday announcement.
The new feature enables users to trade newly created tokens immediately after launch through an integrated self-custody wallet, with Coinbase covering all network fees. Customers can fund trades using their Coinbase balance or USDC while managing portfolios within the same interface.
At launch, users can access Base-native projects including Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs, with more assets to be added incrementally to maintain trading stability.
The platform will route orders through DEX aggregators that scan liquidity on platforms like Aerodrome and Uniswap to find optimal pricing. Coinbase plans to expand the feature to additional markets and networks, including Solana, in the coming months.
To protect users, Coinbase will block tokens identified as malicious or fraudulent by a third-party vendor. For token issuers, the integration allows assets launched on Base to reach millions of Coinbase users within an hour of indexing, without requiring traditional centralized exchange listing procedures.
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