With cryptocurrency revolutionizing global finance, Coinbase remains a cornerstone of the digital asset ecosystem. Founded in 2012, this leading cryptocurrency exchange has grown exponentially, serving over 73 million users worldwide. This guide delves into the latest Coinbase statistics, covering its user base, revenue streams, market dominance, and competitive positioning.
Key Coinbase Statistics at a Glance
- Valuation: $65 billion in 2021, up from $28 billion in 2020.
- Revenue: $7 billion in 2021 (vs. $1.28 billion in 2020).
- Profit: $2.36 billion in 2021, making it the most profitable crypto platform.
- User Base: 73 million registered users; 8.8 million monthly active traders.
- Market Share: Holds 11.3% of global crypto market capitalization.
Coinbase Overview
Coinbase simplifies cryptocurrency trading for beginners and experts alike, offering 100+ tradable assets, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). Accessible in 100+ countries, the platform processes $327 billion quarterly and supports 9,000+ financial institutions.
👉 Explore Coinbase’s trading features
Coinbase Valuation Growth
- 2017: $1.6 billion.
- 2018: $8 billion.
- 2020: $28 billion.
- 2021: $65.3 billion post-Nasdaq IPO.
The platform’s valuation reflects its rapid adoption and institutional trust.
User Demographics and Engagement
Active Users
- Monthly Active Users (2021): 8.8 million.
- Transactional Users: 6.1 million make at least one trade monthly.
- Average Holdings: Users hold $5,000+ in crypto assets.
Institutional Adoption
- Customers: 7,000 institutions managing **$44.8 billion** (up from $6.5 billion in 2019).
Revenue and Trading Insights
Revenue Streams
- Transaction Fees: 86% of total revenue.
- Subscriptions: $100 million in 2021 (e.g., Coinbase Pro).
Top-Traded Assets
- Bitcoin (BTC): 41% of trading volume.
- Ethereum (ETH) and Shiba Inu (SHIB).
- NuCypher (ERC-20 token) favored for low-cost trades.
Market Capitalization
- 2018: 4.5% market share.
- 2021: 11.3% dominance, focused on BTC/ETH.
Trading Volume Trends
- 2021 Peak: $9.5 billion traded in 24 hours (January 11).
- Retail Volume: $120 billion in Q1 2021.
- Institutional Volume: $57 billion in 2020.
👉 Compare Coinbase’s trading volumes
Coinbase vs. Competitors
| Platform | Annual Revenue (2021) | Key Strengths |
|---------------|----------------------|------------------------|
| Binance | $7.4 billion | Highest trade volume |
| Cash App | $6.2 billion | User-friendly services |
| Coinbase | $4.03 billion | U.S. market leader |
Despite trailing Binance, Coinbase’s profitability ($3.6 billion in 2021) and planned investments position it for future growth.
FAQ Section
Q: How secure is Coinbase?
A: Coinbase employs 2FA, cold storage, and insurance for digital assets, adhering to strict regulatory standards.
Q: What countries support Coinbase?
A: Available in 100+ countries, with varying asset offerings per region.
Q: Does Coinbase charge high fees?
A: Fees range from 0.5%–4.5% based on transaction type and payment method.
Q: Can institutions use Coinbase?
A: Yes—7,000+ institutions leverage Coinbase Prime for portfolio management.
Future Outlook
Coinbase aims to expand its market share through strategic acquisitions and global regulatory approvals. With its robust revenue model and institutional trust, the platform is poised to lead the next wave of crypto adoption.
For real-time trading insights, visit 👉 Coinbase Pro.
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