Coinbase provides KYC compliance which then gives it government blessing to be a gateway between crypto and the US dollar financial system. That is the value. O

Coinbase provides KYC compliance which then gives it government blessing to be a gateway between crypto and the US dollar financial system. That is the value. Otherwise, there are DApps that allow trading between cryptos and don't require employees, offices, centralized server infrastructure, etc. that would take the place of Coinbase.