In a move described as revolutionary in the world of digital assets, Coinbase announced the launch of the decentralized exchange (DEX) trading feature directly from within its app, giving users instant access to millions of assets being created daily on-chain.
After the number of assets available on the platform was limited to just 300, traders will soon have access to millions of assets and trade them easily through the familiar interface they are used to.
The feature has begun a gradual rollout to users in the United States — excluding New York — with plans to expand support to more markets and networks, starting with the Solana network.
The main advantages of the new DEX feature on Coinbase:
Instant and broad access: The ability to trade any asset on the Base network within minutes of its listing on-chain, without waiting for traditional listings.
Seamless and simple experience: An integrated self-custody wallet, the ability to fund trades from your balance or USDC, with Coinbase covering all network fees.
Powered by DeFi: Trading on major decentralized platforms like Aerodrome and Uniswap, while obtaining the best prices through liquidity pools.
Transparency and security: Providing market data and insights on risks, and blocking assets that prove to be fraudulent or harmful.
This feature not only serves traders but also gives developers a golden opportunity to reach millions of traders from day one of launching their tokens on the Base network, even if they are not listed on the centralized exchange, within one hour of indexing them on-chain.
With this move, Coinbase demonstrates its commitment to opening new horizons for users and developers, accelerating the growth of digital asset markets globally.