Coinbase has launched an AI agent tool that can trade cryptocurrencies on a user’s behalf and pay for paid research, TechCrunch reported on June 11 local time.
Users can link the agent to a primary account to start trading, or operate it in a separate sandbox if they prefer.
The agent analyzes and executes trades using Coinbase Advanced, a professional trading platform. Users can have it rebalance portfolios or set it to trade based on specific investment logic. They can also receive advice on one-off spot cryptocurrency trades.
The tool currently supports the spot cryptocurrency market and the derivatives market. Coinbase plans to add support for stocks and prediction markets. It also plans to soon offer customizable limits such as maximum trade size, services the agent can access and spending caps.
The agent can make payments as well as trade. Coinbase applied x402, an open payments protocol it introduced last year with AWS, Anthropic, Circle and Near. This allows the agent to pay for paid research data APIs and for on-demand computing used for trading insights, without logins or subscriptions.
Chi-gyu Hwang
delight@d-today.co.kr