Crypto exchange Coinbase has introduced a new tool for creating AI-driven agents called Based Agent. This template enables the creation of autonomous bots with extensive functionality, including:
- Creating cryptocurrency wallets: Users can securely generate wallets suited for various digital assets.
- Executing crypto trades: The bot can manage asset buying and selling based on market data and strategy.
- Token staking for rewards: This feature allows users to lock in assets to earn passive income through staking rewards.
- Issuing tokens: The bot can issue both standard tokens and NFTs, expanding options for creating and monetising digital assets.
Based Agent can adapt to various scenarios, with capabilities including:
- Market and news analysis: AI agents can be configured to monitor the market, gathering up-to-date data and aiding users in making informed buy or sell decisions.
- Cost optimisation and risk management: Embedded algorithms allow AI agents to account for market volatility and adjust risks, helping users minimise potential losses.
- Adaptive learning: AI agents can learn from their performance, adapting to market changes and becoming increasingly effective over time.
According to the developers, creating an AI agent with Based Agent takes just three minutes. Users need to obtain API keys from Coinbase and OpenAI, followed by a few simple steps.

A major milestone for AI agents was achieved by the autonomous bot Truth Terminal, which recently generated over $1 million in cryptocurrency transactions. This example demonstrates AI’s potential not only for basic crypto wallet management and trading but also for creating high-yield projects capable of generating steady passive income. In theory, each AI agent created with the Based Agent template could earn income for its creator through successful trades and NFT issuances.