#102 of 115 in the US ranking · Institutional

Coinbase Prime Review (October 2026): Fees, US States and Licenses

Best for: Institutional prime brokerage

4.3/10

US access 20%2.0
Regulation 20%3.0
Security record 15%7.0
Cost 15%5.0
Range 10%10.0
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New YorkYes
Coins275
CustodyQualified-custodian
App Store— Not verified

Our verdict

Coinbase Prime is the institutional prime brokerage of Coinbase. The product page lists 275+ tradeable assets, 40 futures contracts, 15 US perpetual-style futures, financing on 90+ assets, staking and custody through Coinbase Custody Trust Company, a New York limited purpose trust company. SOC 1 and SOC 2 Type II reports are cited. Fees, minimums and eligibility criteria are not published.

Pros

Custody by a New York limited purpose trust company
275+ tradeable assets and 40 futures contracts
SOC 1 and SOC 2 Type II audits cited

Cons

Built for institutions, not individual retail traders
Fees and minimums are not published

Coinbase Prime fees

Maker / taker: — Not verified
Simple buy: — Not verified
Volume tiers: No public tiers: Prime charges a negotiated basis-point rate per client, as 'All In' or 'Cost Plus' pricing
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: — Not verified
Minimum deposit: — Not verified

Is Coinbase Prime available in my state?

As of Oct 2026 Coinbase Prime is marketed as an institutional prime brokerage (trading, custody, financing, staking); eligibility criteria and minimums are not published on the page.

The list of states this platform serves is not verified yet.

New York: Yes
ID check (KYC): Yes
Withdraw crypto: — Not verified
Funding: — Not verified

Is Coinbase Prime regulated?

BitLicense + NY trust

US operator: Coinbase, Inc.; Coinbase Custody Trust Company, LLC
Parent company: Coinbase Global, Inc.
State licenses: Coinbase, Inc. lists money transmitter licenses in all 50 states, DC and Puerto Rico
New York license: Both
Other: Coinbase, Inc. NY virtual currency license 122466; Coinbase Custody Trust Company, LLC is a New York limited purpose trust company; EU operations under MiCA
Founded: — Not verified
Headquarters: — Not verified

How secure is Coinbase Prime?

Proof of reserves: — Not verified
Audits: SOC 1 Type II and SOC 2 Type II (Deloitte & Touche)
Insurance: — Not verified

Incidents since 2019

None found in the sources checked.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on Coinbase Prime

Spot
Advanced trading
Staking
Futures
Perpetuals
Margin
Earn
Lending
Self-custody wallet
OTC desk

Page lists 40 futures contracts, 15 US perpetual-style futures, financing and cross-margining on 90+ assets, RFQ and agency trading, an onchain wallet and USDC services.

Apps: —
Support: — Not verified

Coinbase Prime FAQ

Can New York residents use Coinbase Prime?

Yes. Coinbase Prime accepts New York residents.

Is Coinbase Prime regulated in the US?

US customers are served by Coinbase, Inc.; Coinbase Custody Trust Company, LLC. Registrations and licenses on record: BitLicense + NY trust.

Does Coinbase Prime require ID verification?

Yes. Coinbase Prime verifies your identity before you can trade.

How many cryptocurrencies can I trade on Coinbase Prime?

About 275 cryptocurrencies are available to US users, per Coinbase Prime's official asset list.

Alternatives to Coinbase Prime

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.