Coinbase Axes Legacy Commerce Tool Amid Shift to Prop Trading

Coinbase has recently announced the removal of its legacy Commerce tool, citing concerns over seed phrases.

This move comes amidst a shift in the crypto trading landscape, where traders are increasingly looking for more structured solutions to manage risk. One such solution is prop trading platforms, which provide access to capital and enforce discipline through hard limits and repeatable processes.

Upscale, a Web3-native prop trading platform, has been gaining traction among traders who seek a more structured approach to trading. The platform offers users access to between $5,000 and $200,000 of platform capital, depending on their model and progression.