Coinbase Exchange to Launch New Feature of Trading with USDC
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- The new feature allows users to trade with USDC.
- Users can earn rewards by holding any USDC.
Coinbase, one of the top crypto exchanges, has announced that the exchange is soon to launch a feature for trading with USDC. It allows users to trade faster and with a more rewarding advanced trading experience.
More USDC trading pairs means a faster and more rewarding Advanced Trade experience.
See what else is coming soon to the platform. 👀 pic.twitter.com/ww3vBJdewQ
— Coinbase 🛡️ (@coinbase) May 18, 2023
On May 19, Coinbase tweeted about the launch of a new advanced trade option. According to the tweet, the new feature allows users to trade with USDC. Moheeth Alvi, senior product manager of Coinbase, stated that with advanced trade, users have the ability to trade all USD order books by settling those trades in USDC.
This will expand the USDC coverage from the free pair, that the exchange supports over 200 trading pairs. At the start of the launch, the traders based in the United States will have access to use the USDC market.
Moreover, the exchange also enables faster trade executions. It allows users to use their USDC to buy and sell directly. And also, users can earn rewards by holding any USDC.