Coinbase revenue drops 27% from a year ago, stock slides

Re:Coinbase revenue drops 27% from a year ago, stock slides by loudthing on Tuesday May 10, 2022 @06:54PM (#31333717)

Good time to buy Coinbase stock maybe? They can't possibly go the same way as MTGOX...

[ Parent | on HN ]

Re:Coinbase revenue drops 27% from a year ago, stock slides by colinmhayes on Tuesday May 10, 2022 @09:34PM (#31334858)

Just seems like there's so much competition in the crypto exchange area. How to differentiate? Seems like a race to the bottom fee wise is where we're headed. Especially with the rise of defi exchanges sucking up a lot of the power user market.

[ Parent | on HN ]

Re:Coinbase revenue drops 27% from a year ago, stock slides by wombat-man on Tuesday May 10, 2022 @08:11PM (#31334276)

I think most of their revenue comes from trading fees. I just don't know if trade volume is going to be way up on Coinbase in the future, especially with new exchanges popping up all over.

[ Parent | on HN ]