In brief
- Coinbase is rolling out decentralized exchange trading on its app.
- Digital tokens previously available on decentralized exchanges will now be available on the app.
- The San Francisco-based firm has made six acquisitions this year as it aims to expand its services.
Coinbase will offer decentralized exchange trading for U.S. customers, the crypto exchange giant announced on Friday.
The feature will mean that new tokens previously only available via decentralized platforms will be available via Coinbase’s mobile app. The feature won’t be available for New York State-based users.
New digital coins and tokens are frequently minted—including via Coinbase’s Base network—and the exchange said it wants to make them available more quickly on its app. The exchange will first allow tokens minted on Base before rolling out support for Solana.
We’re starting the rollout of DEX trading in the U.S. (excluding NY). Our goal is to make…
