Coinbase Wallet Develops Web Trading Terminal for Active Traders

Coinbase Wallet is developing Coinbase Terminal, a web trading product for active traders that would complement its mobile app as the company expands the wallet’s trading tools.

Ox Bid, a product manager who leads trading at Coinbase Wallet, described Terminal as a product for more experienced traders. The web interface is intended for trading at a desk, while the mobile app would let users check markets or close positions elsewhere. He gave no launch date.

Bid said in an Oct. 22 interview that cross-chain transactions in the wallet had risen tenfold over the preceding three months. Spot trading volume was 2.5 times its July level. He put the wallet’s swap success rate, including cross-chain swaps, at up to 99%.

Coinbase Wallet has also added limit orders on networks compatible with the Ethereum Virtual Machine and perpetual futures through Hyperliquid. Bid said the team had watched to see whether spot traders would move to perpetual futures after the addition. It saw little such movement; the futures product instead drew new traders, he said.

The team has resumed work on AI agent features after setting it aside to prioritize other releases. Bid expects those features by the end of 2026. He did not say how they would relate to Wallet MCP, which already lets outside AI assistants connect to Coinbase Wallet.

Under Wallet MCP, users must approve each transaction an AI assistant proposes. Bid’s end-of-year target applies to the planned agent features; Coinbase Terminal has no announced launch date.