Coinbase Wallet Develops Web Trading Terminal for Active Traders

Coinbase Wallet is developing Coinbase Terminal, a web trading product for active traders that would complement its mobile app as the company expands the wallet’s trading tools. Ox Bid, a product manager who leads trading at Coinbase Wallet, described Terminal as a product for more experienced traders. The web interface is intended for trading at a desk, while the mobile app would let users check markets or close positions elsewhere. He gave no launch date. Bid said in an Oct. 22 interview that cross-chain transactions in the wallet had risen tenfold over the preceding three months. Spot trading volume was 2.5 times its July level. He put the wallet’s swap success rate, including cross-chain swaps, at up to 99%.

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