How does Coinbase generate revenue?

3 answers

• Afdekzeil WinkelAug 30, 2023 · 2 years ago
  Coinbase generates revenue primarily through transaction fees. Whenever users buy or sell cryptocurrencies on the platform, Coinbase charges a fee based on the transaction amount. The fee structure varies depending on the user's location and the payment method used. Coinbase also generates revenue through its Coinbase Pro platform, where it charges lower fees for more active traders. Additionally, Coinbase offers various premium services, such as Coinbase Custody and Coinbase Commerce, which generate additional revenue streams for the company.
  549

  275
• barbJun 20, 2020 · 5 years ago
  Coinbase makes money by charging fees on cryptocurrency transactions. These fees can range from a few cents to a few dollars, depending on the transaction size. Coinbase also earns revenue through its Coinbase Earn program, where users can earn cryptocurrencies by completing educational tasks. Furthermore, Coinbase generates income from its Coinbase Card, a debit card that allows users to spend their cryptocurrencies at merchants. Overall, Coinbase's revenue model is based on providing easy access to cryptocurrencies and charging fees for the services it offers.
  568

  190
• Hatori PMay 13, 2021 · 5 years ago
  As a leading cryptocurrency exchange, Coinbase generates revenue through various channels. Apart from transaction fees, Coinbase also earns money through its Coinbase Pro platform, which caters to professional traders and charges lower fees for high-volume trades. Coinbase also offers a range of premium services, including custody solutions for institutional investors and a payment gateway for merchants. These additional services contribute to Coinbase's overall revenue generation. However, it's important to note that there are other cryptocurrency exchanges in the market that also generate revenue through similar means.
  628

  157