No need to guess anymore because of the link that you are showing. Lol. I did see that article too.
Anyways, AFAIK, Coinbase is the go-to by beginners, especially the ones who are searching for what Bitcoin is and what it could do. With that being said, they are the most prominent Bitcoin Broker right now [1]. Being one of the largest have some benefits, and according to the article that I referenced here clearly shows why they are the biggest, being able to accept credit cards could be a factor. Of course, reputation.
Topic: Guess How Much Profit Coinbase Made Since Launched in 2012? - page 2. (Read 263 times)
Now I realize that new exchanges are types of businesses that are very profitable. Because the transaction demand is very high in the crypto market and especially the margin trading, fees are very high for high profits.
If Coinbase continues to expand margin trading for their trading systems, I think the profits could be doubled or tripled if the government doesn't control it too strictly. What do you think ?
If Coinbase continues to expand margin trading for their trading systems, I think the profits could be doubled or tripled if the government doesn't control it too strictly. What do you think ?
I think the bulk of that earnings had come from the peak of 2017 because obviously that time many newbies come into the market, lots of irrational buyers specially in December of that year. At least they have survived the early storm and remain amongst the top exchanges of today. I guess US government just wanted to clear everything up regarding Facebook before they can give it a good signal. So that's why there are a lot of negativity about it as of today.
For about 7 years then theres no doubt with those net profit numbers knowing that Coinbase is one of known exchangers as of todays and still operational.
On the side note you've talked about Stable coin on the link you've given and I'm surprised that its being obviously praised up.
On the side note you've talked about Stable coin on the link you've given and I'm surprised that its being obviously praised up.
Whatever you just said is almost illegible.
In any case, glad to see that Coinbase are actually profitable. They are one of the few crypto companies that actually put its money where its mouth is and helps promote cryptocurrency.
Not just for profit, but for the good of the industry. Coinbase earn is just one of the ways they are helping out, they also work with regulators and lobbyists to help ensure governments don't go overboard on regulations.
Good guy Coinbase, we need more platforms like it.
They're still expensive AF though.
For about 7 years then theres no doubt with those net profit numbers knowing that Coinbase is one of known exchangers as of todays and still operational.
On the side note you've talked about Stable coin on the link you've given and I'm surprised that its being obviously praised up.
On the side note you've talked about Stable coin on the link you've given and I'm surprised that its being obviously praised up.
Coinbase CEO, Brian Armstrong revealed today that the cryptocurrency exchange platforms popular with beginners netted $2 billions in profit since it was launched in 2012. He also expressed concerns with U.S. government trying to kill Facebook Stablecoin project.
Read full article: https://www.cryptozink.io/crypto-exchange-coinbase-profited-2-billion-from-transaction-fees/
Read full article: https://www.cryptozink.io/crypto-exchange-coinbase-profited-2-billion-from-transaction-fees/
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