Posted by Anonymous
May 16, 2025
1 answer
Posted by Anonymous - May 16, 2025
Honestly, it's kinda wild to think about how Coinbase stays super profitable these days, considering everyone says crypto trading is like, all bots and low fees. I've read that Coinbase still pulls in a lot of money from retail traders – like people who just want to buy Bitcoin or Ethereum one at a time. Their fees are higher than some other exchanges, so when your uncle finally buys his first Shiba Inu token, Coinbase makes a cut!
They also earn from other stuff too, like their Coinbase Wallet extension, staking services (where you lock up your coins for rewards), and even through subscription services. I remember reading people complain about the fees, but honestly, newbies care more about it being easy and safe than getting the absolute lowest price.
So yeah, even if all the big dogs and bots are on other platforms doing lightning-fast trades, Coinbase still has millions of regular people just trying to get some crypto easily. That's why they make good bank. It's pretty relatable actually.
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