Coinbase Expands Access with DEX Trading Integration

TLDR

Table of Contents

Coinbase introduces DEX trading, expanding access to millions of onchain assets for users.
New Coinbase feature offers seamless trading on DEXs like Uniswap with aggregated liquidity.
DEX integration on Coinbase ensures security by flagging malicious assets and offering insights.

Coinbase has announced a major step forward in its service offerings by introducing decentralized exchange (DEX) trading integration. This new feature allows users to trade millions of onchain assets directly within the Coinbase app, expanding the range of available assets beyond the platform’s traditional offerings.

Previously limited to 300 assets, Coinbase now positions itself to support a vast number of tokens, providing users with faster access to a broader array of crypto markets.

Expanding Access to Onchain Markets

The integration of DEX trading into Coinbase gives users access to a growing list of Base-native tokens. Notably, assets from prominent projects like Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs are now available to trade through the Coinbase app.

This change enhances the platform’s ability to support the fast-evolving needs of crypto traders, offering access to newly created tokens almost immediately after they are indexed onchain. Initially, this feature is rolling out to select users in the U.S., though residents of New York State are excluded from this rollout.

Coinbase plans to expand its offering gradually. Over the coming weeks, the platform will introduce more assets in batches, aiming to eventually include the entire range of Base assets. Users are encouraged to check the app frequently for updates as more tokens become available.

Streamlined Trading Experience with DEX Features

The integration of DEX trading into the Coinbase app promises a simplified experience for users. Coinbase’s new feature allows individuals to trade directly on popular decentralized exchanges like Aerodrome and Uniswap.

By utilizing DEX aggregators, Coinbase automatically scans available liquidity across top DEXs to ensure the best price for each trade. This feature eliminates the need for users to navigate decentralized protocols manually, offering a seamless gateway into onchain markets.

Moreover, Coinbase’s DEX integration simplifies the trading process by incorporating a self-custody wallet. This wallet lets users fund trades easily with their Coinbase balance or USDC.

Additionally, Coinbase sponsors all network fees, ensuring that users do not need to handle these complexities themselves. The integration maintains the familiar Coinbase interface, allowing users to track their performance and manage their portfolios within the app.

Transparency and Security in DEX Trading

Coinbase aims to provide a transparent and informed trading experience through its DEX integration. The app now displays key market data and risk insights pulled directly from onchain information. This feature allows users to make more informed decisions when trading on decentralized exchanges. Furthermore, Coinbase ensures that DEX assets flagged as potentially malicious or fraudulent by a trusted third-party vendor will not be available for purchase on the platform.

The platform’s commitment to user security is evident in these precautions, as it seeks to protect customers from harmful assets. While Coinbase provides these tools for safer trading, it does not directly manage or review the assets listed on decentralized exchanges, maintaining the decentralized nature of these platforms.

Stay Ahead of the Market with Benzinga Pro!

Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders: