Coinbase is so profitable it does not need Venture Capital

The source of Coinbase’s prosperity is obvious: it makes money by charging .25% to 1% fees on all transactions. The size of the revenues indicates a massive increase in Coinbase’s transaction volume; probably generated by the media interest in high cryptocurrency prices.

Coinbase is adding new sources of revenue on a regular basis. Its; wallet now supports four cryptocurrencies; Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH), and Bitcoin (BTC).

Coinbase; which operates the GDAX exchange, now has more than 13 million brokerage accounts more than Charles Schwab (NYSE: SCHW), Recode claimed. Coinbase claims to serve more than 10 million members in 32 countries and exchanged more than $50 billion worth of cryptocurrency.

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Save Money with Crypto Promo Codes

Some of the deals available through Crypto Promo Codes are great. Our favorites include; a 30% deposit bonus at Whaleclub, a 10% fee discount for six months at the BitMex exchange, and $10 worth of free Bitcoin at Coinbase. You should visit Crypto Promo Codes regularly because these deals can change at almost any time.

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Some Great Alternatives to Checking

It is possible to survive without a checking account; and even live a fairly normal middle class life in modern day America. There are actually a wide variety of excellent alternatives to checking out there.

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