The Coinbase Platform Reaps $ 2.7 Million A Day
Managing a digital trading platform can be a logistical nightmare, but rewards make everything worthwhile. Where trading "platform revealed Coinbase " in the published information to shareholders this week that it recorded a record number of billion dollars last year, which achieves an amazing increase is estimated at 2.74million dollars / day or 2000 dollars / minute.As the largest brokerage broker in the United States, the " Coinbase " platform calls for the lion's share of money in digital currency at a staggering rate. It was the year 2017year full of consequences for all digital currencies recorded record highs in all areas of trading platforms operations, which are represented by: registrations of new subscription, the recruitment of new staff, new trading pairs, new revenue. Causing the inflow of cash inflows to inflate the coffers of the " Coinbase " platform .
Reports from Recode indicate that the platform's revenues exceeded $ 1 billion last year, mostly from its trading fees. The rate ranges from 0.25% to 1% . Over the past 24hours, 36,000 Petrochemicals have traded on the " Coinbase " platform , accounting for more than 15% of the total market. Although the " Coinbase " platform is not the largest currency trading platform in the world, it is technically mediocre rather than a traditional trading platform. GDAX is the largest and most popular platform for currency trading and has a significant weight in the currency industry. Digital.
The " Coinbase " platform has attracted everyone's attention
The issue is not about the most popular digital currency on the trading platform " Coinbase ". Investors are also looking to buy stocks on the platform. A number of current investors report that there are field inquiries from buyers interested in collecting their shares. There is only one problem: the trading platform " Coinbase " is doing everything in its power to prevent this happening. A company statement said:
"As a private company," Coinbase "does not permit the trading of shares in secondary markets for various reasons, including the lack of full and equal market information and we will take appropriate action if we find that people sell their shares in" Coinbase "in violation of our agreements for not doing so"
The company is expected to launch a large-scale public offering at some point. Where these public offerings are offered by a VC round to accredited investors. But after $ 100million was raised last year and the company's record return of $ 2.74 million / day, the trading platform " Coinbase " is not tied to cash. As a result, investors seek to engage in secondary deals in an attempt to claim a " portion of the profits ". With more than 13million customers bringing over $ 1 billion a year, " Coinbase " does not seem to need private equity, no matter how keen investors are to share it.