Search results
Results From The WOW.Com Content Network
Coinbase's revenue soared 514% in 2021 as low rates, stimulus checks, and social media buzz pulled more investors toward the crypto market. But in 2022, its revenue plummeted 59% as rising rates ...
Image source: The Motley Fool. Coinbase Global (NASDAQ: COIN) Q4 2024 Earnings Call Feb 13, 2025, 5:30 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work. It is the largest cryptocurrency exchange in the United States in terms of trading volume. [4]
Coinbase's growth has slowed, but the company is still positioned to be a long-term winner on the blockchain.
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
For example, the Bitcoin exchange Coinbase charges only 1% on all Bitcoin exchanges to legal tender. [8] Compare this to "2%-4% for traditional online payment systems, like PayPal and credit card companies, [ 9 ] or a global average of 7.49% for remittance sent through major remittance corridors. [ 10 ]
Coinbase's stock has proven just as volatile as the cryptocurrencies it stores for investors. In fact, crypto investors often use the acronym HODL -- hold on for dear life -- when talking about...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!