Jitendra Vaswani

Coinbase Revenue And Usage Statistics 2023: Better Profile and Funding

Nowadays, it’s oftentimes hard to keep track of the dizzying array of digital currencies transacting on the web. Nevertheless, Coinbase is one platform that has consistently maintained its position as a major player in the global cryptocurrency market.

Since its launch in 2012, Coinbase has steadily grown into a multi-billion dollar enterprise with millions of active users trusting their transactions to this popular exchange platform.

In this blog post, we will analyze key statistics and metrics associated with Coinbase’s usage and revenue trends over time to get an idea of just how successful they have been since emerging onto the scene.

Overview: Coinbase Revenue And Usage Statistics

Overview: Coinbase Revenue and Usage Statistics
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Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. It was founded in San Francisco, California in 2012 and has since grown to serve over 30 million customers worldwide.

It supports a wide range of digital currencies such as Bitcoin, Ethereum, Litecoin, XRP, Stellar Lumens, Tezos and many more.

Coinbase also offers a suite of products and services, ranging from its Coinbase Pro trading platform to its Coinbase Custody service for institutional investors.

It also provides an easy-to-use wallet app, allowing users to store their digital assets securely.

As one of the most trusted exchanges in the industry, Coinbase is committed to providing reliable and secure access to cryptocurrencies for its users. 

It complies with industry regulations and is registered with the US Securities and Exchange Commission (SEC) as a broker-dealer.

Coinbase has also established itself as one of the most reliable places to buy, sell, and store digital assets, offering customers advanced security features on its platform.

With its focus on user experience and convenience, Coinbase is a one-stop shop for all your digital asset needs. Whether you’re a novice investor or experienced trader, Coinbase has the tools and resources to help you succeed.

Together with its trusted partner network, Coinbase is committed to making crypto accessible to everyone.

Coinbase is dedicated to providing customers with the highest level of security.

It offers an array of features designed to protect customer data and funds, including multi-factor authentication, Cold Storage for digital assets, secure data encryption, and biometric verification.

Coinbase also operates a Bug Bounty Program that rewards users for reporting potential security vulnerabilities.

Coinbase is also a member of the Blockchain Alliance, an organization dedicated to promoting compliance with anti-money laundering regulations and preventing criminal activity in the crypto space.

As one of the most trusted exchanges in the industry, Coinbase is committed to helping create a secure and equitable financial system for all.

Key Statistics:

coinbase key statistics
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Coinbase allows users to buy, sell, trade, store, and manage their digital assets. It provides a variety of features, including advanced trading tools, secure storage and insurance, easy-to-use wallet options, and more.

Coinbase boasts some impressive key statistics: it has processed over $455 billion in transactions since its founding; it’s one of the largest exchanges by volume in the world; and it supports more than 50 cryptocurrencies.

It’s also one of the most secure exchanges, with a 98% uptime and full regulatory compliance. The exchange is also incredibly user-friendly, offering beginner-friendly guides, an intuitive interface, and helpful customer support.

Overall, Coinbase is one of the leading cryptocurrency exchanges in terms of both volume and security.

With its wide range of features, user-friendly design, and compliance with regulations, it’s no wonder that Coinbase is one of the most popular cryptocurrency exchanges.

Its impressive key statistics make it an attractive option for traders and investors alike. It’s safe to say that Coinbase is a trusted and reliable platform for buying, selling, and trading cryptocurrency.

Net Annual Revenue:

Total revenue
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Coinbase, one of the largest and most successful cryptocurrency exchanges in the world, has seen its net annual revenue skyrocket over the past few years.

According to recent estimates, Coinbase is projected to bring in around $1 billion USD in net revenue by 2022.

This growth has been driven largely by an increasing demand for cryptocurrencies both as a payment method and as a long-term investment.

In addition to this, Coinbase’s popular mobile and web applications have made it easier than ever for customers to buy, sell, store, and spend their digital assets.

With the continued growth of cryptocurrency adoption across various industries and geographies, Coinbase is well positioned to continue its success into the future.

As such, it is no surprise that analysts have projected Coinbase to exceed the $1 billion USD in net revenue by 2022. Will this come true? Only time will tell.

Regardless, it is clear that Coinbase has brought a new level of financial accessibility and stability to the world of digital assets.

As such, Coinbase’s success has been a boon for the entire cryptocurrency market.

If Coinbase is able to reach its goal, it will be a major milestone for the industry as a whole and proof that digital currencies can be successful and profitable investments.

With continued innovation and dedication, there is no doubt that Coinbase is positioned to lead the way into the future of cryptocurrency exchanges.

We look forward to seeing what other incredible feats Coinbase is able to accomplish in the coming years.  It is clear that they are well on their way to achieving their goal of $1 billion USD in net revenue by 2022, and beyond.

The future of cryptocurrency looks brighter than ever with Coinbase at the helm.

Coinbase Profit:

coinbase profit 2022
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Coinbase Profit is an innovative platform designed to help cryptocurrency traders and investors make informed decisions in the crypto markets.

It offers a range of analytical tools, real-time market data, and customizable alerts to assist users in identifying profitable opportunities and avoiding potential losses.

With Coinbase Profit, users can access detailed information about various cryptocurrencies such as price movements, order types, and trading volumes.

This allows them to make more informed decisions when entering or exiting positions in the digital currency markets.

Furthermore, Coinbase Profit also provides users with portfolio analysis tools such as risk profiling, hypothetical returns calculations and other financial metrics to help them better manage their investments.

With its powerful features, Coinbase Profit is the perfect tool for both beginner and experienced cryptocurrency traders.

Additionally, Coinbase Profit boasts a wide range of educational resources for users to take advantage of.

Tutorials, webinars and other educational materials are available on the platform which helps users gain valuable knowledge about cryptocurrencies and the crypto markets.

This makes it easier for novice investors to get started in trading digital currencies with more confidence. Coinbase Profit also offers an intuitive mobile app which can be used to access the platform and its features on-the-go.

Through this app, users can keep track of their investments, receive notifications and updates about market developments, as well as monitor their portfolio performance anytime and anywhere.

With all these features combined, Coinbase Profit is one of the leading platforms for anyone looking to get involved in cryptocurrency trading and investing.

Users Worldwide:

Users worldwide
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As of 2022, Coinbase had over 35 million users worldwide, making it one of the largest digital asset platforms in the world.

The US accounts for a large portion of Coinbase’s user base, with around 21 million active users. The remaining 14 million users are spread across more than 100 countries, such as the UK, Canada, France and Germany.

Coinbase’s user base has grown steadily since its inception in 2012, with a compound annual growth rate of 44%.

This rapid growth is due to several factors, including the increasing acceptance of digital currencies among mainstream investors and businesses, the high liquidity of assets on the platform, and its user-friendly interface.

Monthly Active Users:

Coinbase monthly users
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The number of Coinbase monthly active users (MAU) provides an insight into the size and growth of Coinbase’s user base.

As of July 2020, Coinbase had around 35 million MAU. This is a massive increase from the 7.4 million MAU reported in April 2019.

Furthermore, the total number of Coinbase users has grown significantly as well – reaching over 43 million users in July 2020.

The impressive growth in Coinbase’s user base suggests that more and more people are turning to cryptocurrencies and digital currencies as viable investment options.

As such, Coinbase is well-positioned to become the leading digital currency exchange in the world.

Moreover, the significant increase in Coinbase’s MAU also suggests that more people are utilizing its services for cryptocurrency trading and exchange.

This further reinforces Coinbase’s position as a dependable and secure cryptocurrency exchange.

Assets Under Management:

Assets Under Management
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Coinbase is one of the most popular and trusted platforms for buying, selling, and storing cryptocurrencies. As of April 2021, Coinbase had over $90 billion in assets under management (AUM).

This amount is expected to continue growing exponentially as more investors turn to cryptocurrency as a safe haven asset and hedge against inflation.

The platform offers its customers a variety of services, including buying and selling cryptocurrencies, storing digital assets securely in its wallet, trading on exchanges, and more.

Coinbase also provides educational resources to help users understand the complex world of cryptocurrency investing.

Coinbase’s AUM speaks volumes about its reputation as a secure and reliable platform for crypto investments.

It is constantly innovating and expanding its services to ensure that customers have access to the best possible experience when trading digital assets.

Moreover, Coinbase has a strong customer support team available 24/7 for any queries or issues that may arise. With these features and more, Coinbase remains an excellent choice for first-time investors as well as experienced traders alike.

Competitors: 

Coinbase Competitors
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Coinbase is a popular cryptocurrency exchange platform that has become the go-to choice for many cryptocurrency traders and investors.

However, Coinbase is not the only option available for those looking to buy, sell, or store digital assets.

There are other exchanges out there that offer similar features and services as Coinbase but with different benefits. Some of the most well-known Coinbase competitors are Binance, Kraken, Gemini, Huobi Global and Bitfinex.

Binance is one of the most popular crypto exchange platforms and is known for having low transaction fees and a wide selection of coins.

It also offers a wide range of features like margin trading, lending services, spot trading, futures and options trading, and much more.

Kraken is another major exchange platform with a large selection of coins and advanced features like margin trading, futures and options trading, lending services, spot trading and more.

Kraken also has an extensive security setup to protect traders from potential hacks or malicious activities.

Gemini is a digital asset platform based in New York that offers a simple and secure way to buy, sell and store digital assets. Gemini is highly regulated and transparent, with great customer service.

FAQs: Coinbase Revenue And Usage Statistics

🙌Q: What is Coinbase?

A: Coinbase is a digital currency exchange and wallet provider based in the US. It is one of the most popular cryptocurrency exchanges, allowing users to buy, sell and store Bitcoin, Ethereum and other cryptocurrencies. The platform also offers tools for developers, merchants and financial services professionals to access the global crypto economy.

😎Q: What is Coinbase's annual revenue?

A: According to Crunchbase, Coinbase’s 2019 annual revenue was $1.3 billion. In 2018, the company reported total revenues of $520 million, up from $97 million in 2017.

✨Q: How many users does Coinbase have?

A: As of 2019, Coinbase had over 35 million verified users worldwide. In 2020, the platform reported that it had more than 43 million users in over 100 countries.

💥Q: What services does Coinbase offer?

A: Coinbase offers a range of services to help people access and use cryptocurrencies. These include its digital currency exchange, as well as wallet services, merchant tools and APIs for developers. It also provides educational resources to help users understand how to use cryptocurrencies safely and securely.

🎁Q: What countries is Coinbase available in?

A: Coinbase is currently available in more than 100 countries, including the US, the UK, Canada, Singapore and Australia. The platform is also expanding into other countries such as Japan, South Korea and Mexico.

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Conclusion: Coinbase Revenue And Usage Statistics

Coinbase is one of the most popular cryptocurrency exchanges with a high trade volume and broad geographical reach.

The exchange has seen rapid growth in recent years, owing to the increasing popularity of cryptocurrencies.

Coinbase is headquartered in San Francisco, California and was founded in 2012 by Brian Armstrong and Fred Ehrsam.

As of 2019, Coinbase had over 30 million registered users from over 100 countries.

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