What is Coinbase?


Coinbase, Inc. is an American cryptocurrency exchange platform that operates remote-first without an official physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam, and as of March 2021, was the largest cryptocurrency exchange in the United States by trading volume.

Coinbase offers products for both retail and institutional cryptocurrency investors, as well as other related cryptocurrency products.

The company’s products for retail traders include:

  • Coinbase, a user facing app used to buy, store and trade different cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and many more.
  • Coinbase Pro, a professional asset trading platform for trading a variety of digital assets.
  • Coinbase Wallet, an app that allows customers to access decentralized crypto apps (dapps) using a dapp browser.

Coinbase operates as a remote-first company, without a physical headquarters. As part of its SEC filing to go public, the company reported 43 million verified users, 7,000 institutions and 115,000 ecosystem partners in over 100 countries. It also reported net revenue of $1.14 billion in 2020, up from $483 million the previous year. The company also reported net income of $322 million for the year after posting a loss in 2019.

Coinbase is an easy and secure way to get into cryptocurrencies (Bitcoin, Ethereum, etc.) and learn new about cryptocurrencies. With Coinbase, you can buy cryptocurrencies and store them securely.


Coinbase anticipates that its Class A common stock will begin trading on the Nasdaq Global Select Market under the ticker symbol “COIN” on April 14, 2021.

In April 2021, Fortune wrote about the “Coinbase Effect,” which is a new phenomenon in the world of cryptocurrency. The idea is that the price of cryptocurrencies that are going to be listed for sale on a dominant crypto exchange such as Coinbase, begin to rise in the days after the news becomes public. According to Barron’s, the effect of getting a cryptocurrency listed on the exchange plays a big role in what cryptocurrencies gain acceptance and which ones may get left behind.

 Coinbase offer a trusted and easy-to-use platform for accessing the broader cryptoeconomy.

Customers around the world discover and begin their journeys with crypto through Coinbase.

Approximately 56 million verified users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries trust Coinbase to easily and securely invest, spend, save, earn, and use crypto.

Open an account today, and if you buy or sell $100 or more of crypto, you’ll receive $10 worth of free Bitcoin! Learn more.

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