Coinbase has opened stock and ETF trading to every user in the United States, enabling customers to buy, sell, and manage U.S. equities in the same account where they hold digital assets. The service operates 24 hours a day, five days a week, and charges zero commission for trades.
The platform supports instant funding of equity trades using either USD or USDC, a stablecoin native to Coinbase's ecosystem. Members of Coinbase One receive uncapped rewards on their USDC trading balance, a feature Coinbase highlights as part of the new offering.
Fractional shares are available, allowing investors to begin trading with small amounts - as little as $1 - which lowers the entry point for users who are adding equities to portfolios that already include cryptocurrencies.
Coinbase has linked up with Yahoo Finance to streamline the path from research to execution. Within Yahoo Finance, users will be able to discover and track assets and then move to place a trade on Coinbase with a single click, according to the company.
For now, Coinbase is offering 24/5 trading for a subset of leading market equities. The company plans to scale that capability to include thousands more stocks in the months ahead, broadening the range of securities available under its extended hours model.
Looking beyond the U.S. market, Coinbase said it intends this spring to expand stock perpetuals, a product that would let traders outside the United States access U.S. equities with continuous capital efficiency. Coinbase also indicated plans to offer tokenized stocks in the future. Tokenized stocks would permit trading from anywhere in the world and create the option to use equity holdings as onchain collateral.
Clear summary
Coinbase now allows all U.S. customers to trade stocks and ETFs alongside crypto holdings with zero commissions, instant USD and USDC funding, fractional shares from $1, and integrated research-to-trade functionality via Yahoo Finance. The company plans to expand available equities, introduce broader stock perpetuals for international users this spring, and pursue tokenized stock offerings down the line.
Key points
- Coinbase offers zero-commission stock and ETF trading 24 hours a day, five days a week, to all U.S. users.
- Trades can be funded instantly with USD or USDC, and Coinbase One members earn uncapped rewards on USDC balances.
- Partnership with Yahoo Finance enables one-click execution from research to trade; fractional shares permit trading from $1.
Risks and uncertainties
- Availability of 24/5 trading is currently limited to leading equities, with thousands more stocks slated for inclusion over time - the pace and scope of that expansion remain to be seen.
- International access hinges on the rollout of stock perpetuals, planned for this spring, which creates uncertainty for non-U.S. traders until that product is available.
- Tokenized stocks are an intended future offering; timing and specifics are not provided, leaving uncertainty about when and how such products will be implemented and regulated.