What the Smartest Investors Know About Coinbase
Coinbase Global (NASDAQ: COIN), one of the most popular cryptocurrency brokerages and exchanges, has been on shareholders' minds lately as a result of all the negativity surrounding the industry. Investors want to know more details about the company and the stock to understand whether they should buy more, hold, or sell out of their positions entirely.
There are some key pieces of information everyone looking at Coinbase needs to know to become better informed. Here's what the smartest investors know about this leading cryptocurrency enterprise.
In the most-recently announced results (for the third quarter of 2022, ended Sept. 30), Coinbase generated the bulk of its revenue, 63%, from transaction fees. It has 108 million users paying fees to trade on the platform.
Source Fool.com
