Coinbase Challenges Uniswap & Binance with Verified Pools, Onchain Trading Made Simple

Onchain trading can sometimes seem complicated and risky, but Coinbase is stepping in with a fresh take: Verified Pools.

What Are Verified Pools?

Verified Pools is Coinbase’s new feature that lets you trade crypto directly on the blockchain without the need of a middlemen (centralized entities or platforms that traditionally facilitates trades). Instead of navigating through a tangle of protocols and liquidity pools on your own, you can connect your Coinbase Wallet, Prime Onchain Wallet, or other supported wallets and start trading with confidence. Thanks to Coinbase’s built-in verification process, every user in the pool is checked, making it easier to know you’re trading with trusted participants.

Introducing Coinbase Verified Pools, a trusted way to seamlessly trade onchain.

Dive in. ↓ pic.twitter.com/rddrniaXu8

— Coinbase 🛡️ (@coinbase) March 18, 2025

Why This Matters for Everyday Traders

For many retail users, traditional DeFi platforms like Uniswap or Binance can be confusing. Verified Pools simplifies the process by providing:

• Direct Onchain Trading: Swap tokens seamlessly without relying on intermediaries, meaning fewer steps and a more intuitive experience.
• Enhanced Security: By verifying users, Coinbase reduces common risks associated with open, permissionless pools.
• Cost and Speed Benefits: Built on a scalable network, Verified Pools aims to offer lower fees and faster transaction times, so you don’t have to worry about waiting or unexpected costs.
• User Control: You keep full control of your assets. Since it’s non-custodial, your keys—and your crypto—remain in your hands at all times.

Taking on the Big Players

Coinbase is challenging established names like Uniswap and Binance by adding a layer of trust and simplicity that everyday traders appreciate. While these platforms have long dominated the DeFi space, they sometimes come with a steep learning curve and higher risks. Coinbase Verified Pools is designed to make onchain trading more accessible, potentially leveling the playing field for newcomers and experienced traders alike.

By blending verified identities with the inherent benefits of decentralized finance, Coinbase is reimagining what onchain trading can be. It’s a move towards a space where innovation meets security, a place where you can trade easily without sacrificing transparency or control.

If you’ve ever wished that trading crypto onchain was simpler and safer, Verified Pools might be the solution you’ve been waiting for. It’s all about cutting out the complexity, reducing risks, and making the entire experience more straightforward. Whether you’re new to crypto or already comfortable in the DeFi world, this new feature promises to make your trading journey a lot less stressful.

If you have any thoughts or feedback that you would like to share, you can write to team@etherworld.co or @ether_world

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