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Samsung integrates Coinbase - 75 million Galaxy users benefit

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I remain invested in coinbase.


Coinbase and Samsung have announced a partnership to provide the exchange's crypto trading services to 75 million Galaxy device owners.


Galaxy users will get access to the "One Service" through an integration with the Samsung Wallet.


Coinbase One for Galaxy users


Coinbase and Samsung have joined forces to offer Galaxy users in the US access to the Coinbase One Priority Trading Service via the Samsung Wallet.


Crypto trading and more


The integration means users can access crypto trading, staking rewards and payment options without downloading a separate app or moving funds.


By linking Samsung Pay to Coinbase accounts, users can make payments tied to their crypto holdings and consolidate crypto tools alongside their existing digital payment cards and IDs.


"Together with Samsung, we're combining their global reach with Coinbase's trusted platform to give people the best access to crypto - starting with more than 75 million Galaxy users in the U.S. and soon worldwide," said Shan Aggarwal, Chief Business Officer of Coinbase.


The integration utilizes Samsung's proprietary Samsung Knox security platform. It uses hardware-based encryption, tokenization and biometric authentication to protect sensitive crypto and payment data on the device.


Galaxy users in the US receive a free 3-month subscription to Coinbase One's Preferred Tier. It includes benefits such as no trading fees up to a limit and increased staking rewards.


In some cases, new or returning users can also receive a 25 USDC credit.


The companies confirmed that this move represents the largest single consumer distribution Coinbase has made to date.


While the launch is beginning in the US, Samsung and Coinbase plan to expand the program to international markets soon.


https://de.finance.yahoo.com/nachrichten/samsung-integriert-coinbase-75-mio-093000830.html

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Big news. Sometimes you wouldn't believe how important such native integrations are for adoption 🫨
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