Morgan Stanley starts E*Trade crypto trading at 0.5%, charging less than Coinbase, Robinhood, and Schwab on each transaction.

Coinbase is set to report earnings on May 7.

Anonymous crypto whale sues Coinbase over frozen funds from $55M DAI theft. Exchange demands court order before releasing traced stolen assets.

Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Learn more Investors will be looking to Coinbase Global (COIN) CEO Brian Armstrong for fresh remarks on his firm’s forward prospects when it reports first quarter results on Thursday that will show how the major crypto exchange weathered a rough stretch in crypto markets.

Launched in 2012, Coinbase (Nasdaq: COIN) is now the largest cryptocurrency trading exchange in the United States. The brokerage firm Robinhood Markets (Nasdaq: HOOD), launched in 2013, has also become very popular among crypto traders. But a Wall Street bank is now attempting to challenge these dominant players with lower fees.

Morgan Stanley is rolling out crypto trading on E*Trade with lower fees than Coinbase, marking its first direct retail offering.

The bank is rolling out crypto trading on E*Trade with lower fees than Coinbase, Robinhood and Schwab, according to Bloomberg.

Coinbase, the largest US crypto exchange, said Tuesday that it planned to lay off about 14 percent of its workers amid volatility in the cryptocurrency market and as artificial intelligence changes how people work.