If you’re a very active trader, Coinbase also offers Coinbase Advanced, which offers in-depth technical analysis and charting via TradingView, as well as real-time order books. But you could be on the hook for heftier trading fees if you use the platform’s basic version. The platform is great if you’re looking for convenience. The San Francisco-based company offers a wide range of coins, and users will find the interface easy to use. Its rare public status gives investors some badly needed ease of mind in a sector where rivals are notoriously opaque, and scandals have been plentiful. Nonetheless, Coinbase remains the second-largest crypto exchange in the world and has a recognizable name. Coinbase is also investing in its blockchain infrastructure to help boost the speed of transactions while simultaneously reducing transaction costs.
As a result, the company announced layoffs in 2022, reducing headcount by 30% as of June 2023. With the industry’s pullback, Coinbase announced it would cut expenses to improve its financial performance. when it floated on the Nasdaq in April 2021 at around $380 per share.Ĭoinbase’s share price has plummeted more than 75% since its initial public offering (IPO) amid the current crypto bear market. Coinbase became the first major exchange to trade publicly in the U.S.
0 kommentar(er)
