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Quite a few centralized blockchain exchanges have come and gone in the last 10 years. Coinbase is no different. I won’t be surprised if they implode.
by nowherebeen 4y ago
Quite a few centralized blockchain exchanges have come and gone in the last 10 years. Coinbase is no different. I won’t be surprised if they implode.
- almost_usual 4y agoCoinbase was successful because their biggest competitor at the beginning was Mt Gox. Big VC firms saw the opportunity and pumped crypto for the past decade and those small exchanges imploded. Well now crypto is ‘legitimate’ and Coinbase has to compete with big players. They’ll probably stick around but their market share will continue to decline. Not much growth there, writing is on the wall.
- nowherebeen 4y agoNot to mention Coinbase is only a small size player outside the US. Binance is the biggest exchange in the world. No one outside US uses Coinbase, it’s fees are ridiculous.