COIN
- Coinbase Global, Inc.
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Overview
Company Summary
Coinbase Global, Inc. is a leading cryptocurrency exchange platform. It operates as a marketplace that allows users to buy, sell, and store various digital assets, primarily cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.
Through its user-friendly interface and innovative features, Coinbase aims to make the buying and selling of cryptocurrencies accessible to both retail and institutional investors. It offers a range of services, including a trading platform for individuals, professional trading tools for institutional investors, and a digital wallet to store and manage digital assets securely.
Coinbase provides a safe and regulated environment for users to trade cryptocurrencies. It complies with legal and regulatory requirements in the jurisdictions it operates in, which helps build trust in the platform. Additionally, Coinbase offers advanced security measures, including two-factor authentication and offline storage of customer funds, to ensure the safety of assets held on the platform.
The company generates revenue through various sources such as transaction fees, custody and storage fees, and commissions on trades. Coinbase's business model relies on the increasing adoption and popularity of cryptocurrencies and aims to bridge the gap between the traditional financial system and the emerging world of digital assets.
As of its public listing in April 2021, Coinbase is one of the largest and most recognized cryptocurrency exchanges globally, serving millions of customers and facilitating billions of dollars in transactions.