Coinbase Verified Users Could Reach 70 Million in 2021 By CoinQuora

Coinbase Verified Users Could Reach 70 Million in 2021 Coinbase crypto exchange could surpass 70 million users this year. The exchange started the year with just over 50 million users. The prediction is based on data analysis and fundamental factors. The number of Coinbase verified users could rise by 30% to reach 70 million before



Coinbase Verified Users Could Reach 70 Million in 2021
  • Coinbase crypto exchange could surpass 70 million users this year.
  • The exchange started the year with just over 50 million users.
  • The prediction is based on data analysis and fundamental factors.

The number of Coinbase verified users could rise by 30% to reach 70 million before the year is over. This is because the top-ranking crypto exchange is expected to continue recording a high influx of new users.

The prediction is based on a report made by Finbold. The report projects that Coinbase will reach 72.8 million verified users before the end of the year. Finbold analyzed the exchange’s user growth rate over three years as a base for the prediction. The prediction also factored in some fundamentals.

Some of the fundamental factors that could push Coinbase’s growth rate include the growing interest in crypto products like ETFs. Exchange-traded funds provide crypto exposure but with less risk.

Secondly, Coinbase’s IPO gave the exchange added exposure and brand recognition….

This article was first published on coinquora.com

Continue reading on CoinQuora

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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