![]() ![]() Last month, Coinbase announced it was building its own rollup, Base, using Optimism code known as the “OP Stack. ![]() It’s the latest example of a deepening relationship between the exchange and Optimism. The first iteration of the program, dubbed “Quests on Wallet,” will encourage users to swap, delegate and stake tokens on Optimism, the second-largest Ethereum rollup. “It’s newbies, like your parents and grandparents, who may have a Coinbase account, and also very sophisticated folks,” he said. On a Twitter Space Thursday, Coinbase Wallet product lead Alex Treece noted the exchange has more than 100M verified users. The move is part of a push to bring the crypto-curious “on-chain” - to encourage them to move from the more familiar world of banks and centralized exchanges, like Coinbase, to decentralized applications. In May 2013, the company received a US5 million Series A. And it will reward users with $5 worth of Optimism’s governance token, OP.Ĭoinbase stock and OP are down 16% and 22% over the past week, respectively, amid a broader crypto market selloff prompted by a New York Attorney General lawsuit that referred to Ether as a security. In October 2012, the company launched the services to buy and sell bitcoins through bank transfers. including serious projects, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), and. ![]() The first iteration of the program, dubbed “Quests on Wallet,” will encourage users to swap, delegate and stake tokens on Optimism, the second-largest Ethereum rollup. Heres the Coinbase fee schedule for advanced trades: 30-DAY TRADING VOLUME IN U.S. The United States’ largest crypto exchange on Thursday announced incentives modeled and named after Optimism’s Quests program, which sent activity on the Layer 2 blockchain to all-time highs early this year.Ĭoinbase Wallet users who complete certain tasks will be rewarded in crypto, the exchange announced. Coinbase is taking a page out of Optimism’s playbook. ![]()
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