Samsung and Coinbase bring Coinbase One to Galaxy Wallet
Samsung and crypto exchange Coinbase on Thursday announced a partnership that will give about 75 million Galaxy device users in the United States direct access to Coinbase’s priority trading service through the Samsung Wallet, allowing trades, staking and payments without downloading a separate app. The rollout begins in the U.S. and the companies said they plan to expand the integration to international markets in the coming months.
Under the agreement, Samsung Wallet users will be able to enroll in Coinbase One, a subscription tier that includes zero trading fees on eligible transactions up to set limits, enhanced staking rewards and other partner offers. Galaxy users in the U.S. will receive a free three month subscription to the Preferred Tier of Coinbase One, and some new or returning users may receive a 25 USDC credit after their first Coinbase transaction, the companies said. Samsung Pay will be linked to Coinbase accounts, enabling users to make purchases tied to their cryptocurrency holdings and to fund crypto purchases directly within the Wallet app.
The integration is designed to keep crypto tools alongside other digital items stored in Samsung Wallet, such as payment...