Coinbase Revenue and Usage Statistics (2024)

Coinbase has led the way for cryptocurrency since its inception in 2012, as the largest exchange in the United States by volume. While known primarily as an exchange and storage service for Bitcoin, Coinbase also offers a wide range of other crypto and fiat currency exchanges. In a time before Bitcoin ballooned in value, Coinbase integrated its payment processing capabilities into Stripe, Braintree and PayPal, alongside merchant partnerships with Dell, Expedia and Time Inc. 2017 was seen as a pivotal point for cryptocurrencies and Coinbase, which added several new coins to the exchange and reached almost $1 billion in revenue. Coinbase has suffered from a number of allegations, including overcharging customers for trades and not making currency available on time. It also was forced to … Continue reading Coinbase Revenue and Usage Statistics (2024)