BTradec

• Table of Contents
  • What is Coinbase Exchange
  • Brief History Of Coinbase
  • Current Spot trading Volume
  • Coins supported in Coinbase

What Is Coinbase?

Coinbase Exchange is a cryptocurrency trading and investment platform. It is a centralized exchange platform where one can buy, sell, store, and trade cryptocurrencies. It is intuitive and beginner-friendly to carry out basic transactions, PayPal withdrawals, and also a digital wallet.

Brief History Of Coinbase Exchange

First and foremost, it was established by former Airbnb engineer Brian Armstrong and former Goldman Sachs trader Fred Ehrsam in 2012.  Coinbase was launched in June 2012 in San Francisco, California, U.S.

Current Coinbase Spot Trading Volume

However, according to research on CoinMarketCap, Coinbase, as of April 8, 2025, has a spot trading volume of $4,134,892,288.83 (52,514 BTC). Note that trading volume can fluctuate due to market dynamics and user behavior. Furthermore, previous research shows a record of a higher decline of 52% in the third quarter of 2023 compared to the same phase in 2022. Recording about $76 billion in spot trading.

However, in the third quarter of 2024, there was a resurgence in trading acts, with volume soaring up to $185 billion. This was achievable through market volatility and mainstream adoption of cryptocurrencies as the drivers. Its revenue stream has a diversification that is beyond trading fees, subscription fees, and custodial fees. Additionally, it reported a total revenue of $1.21 billion, which almost doubled $674.15 million in 2023.

Coins Supported in Coinbase Exchange

Then, here is a list of some popular cryptocurrencies on Coinbase Exchange

and so many more.

Conclusion

The platform is dedicated to serving customers satisfactorily, and that makes it a good choice for both newbies and professionals in the cryptocurrency landscape.