Disclaimer: This material is the property of Coinbase, Inc., its parent, and its affiliates and is for informational purposes. This material is not accounting, investment, legal, or tax advice. Please note that all investments involve risk, including risk of loss, and thus may not be suitable for everyone. Recipients should consult their advisors before making any investment decision. Trading venues not connected to Coinbase Prime may offer better pricing. Coinbase, Inc. is licensed to engage in virtual currency business activity by the New York State Department of Financial Services and is not licensed with the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission.


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In the UK, this communication is directed only at persons who are investment professionals for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) 2001, as amended, having professional experience relating to investments. Any mentioned products and services  are only available to such persons. Any person who is not an investment professional should not rely on this communication. For these purposes, an investment professional includes:

- an authorised person;

- any other person whose ordinary activities involve him in carrying on the cryptoasset trading activity by way of business; or

- a government, local authority (whether in the United Kingdom or elsewhere) or an international organisation.