Coinbase Statistics and User Count for 2024
Last Updated on: December 13th, 2024
Here are a few of the most interesting Coinbase statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Coinbase Facts
Here is pretty much everything you ever wanted to know about Coinbase.
- Website: Official Website
- Year Founded: 2012
- Headquarters: San Francisco, CA
- Founder(s): Brian Armstrong, Fred Ehrsam
- Current Chief Executive: Brian Armstrong
- App Download (iOS)
- App Download (Android)
Coinbase is a digital currency exchange platform that allows users to buy, sell, and store cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and many others. The company was founded in 2012 and is headquartered in San Francisco, California.
Coinbase operates as both a brokerage service and a trading platform. Users can buy and sell cryptocurrencies using traditional payment methods such as bank transfers and credit cards. The platform also allows users to store their digital assets in a secure online wallet.
In addition to its exchange platform, Coinbase offers a range of other products and services, including:
- Coinbase Pro: A professional trading platform that offers more advanced features for experienced traders.
- Coinbase Wallet: A mobile app for securely storing and managing cryptocurrencies.
- Coinbase Card: A debit card that allows users to spend their cryptocurrencies at merchants that accept Visa.
- Coinbase Custody: A secure storage solution for institutional investors.
Coinbase is one of the largest and most popular cryptocurrency exchanges in the world, with over 56 million users in over 100 countries. The company is regulated by various financial authorities and has been recognized for its strong security measures and commitment to user privacy.
Coinbase History:
- 2012: Coinbase is founded by Brian Armstrong and Fred Ehrsam in San Francisco, aiming to simplify the process of buying, selling, and storing cryptocurrencies.
- 2013: The company raises $25 million in a Series B funding round led by Andreessen Horowitz, marking one of the largest investments in a Bitcoin-related startup at that time.
- 2014: Coinbase expands its services by partnering with major companies like Overstock, Dell, and Expedia, enabling them to accept Bitcoin payments.
- 2015: The company launches the first regulated U.S.-based Bitcoin exchange, providing a secure platform for trading digital currencies.
- 2016: Coinbase rebrands its exchange platform to Global Digital Asset Exchange (GDAX) and begins supporting Ether trading, reflecting the growing diversity of cryptocurrencies.
- 2017: Coinbase obtains a BitLicense from the New York State Department of Financial Services, allowing it to offer trading services for Ethereum and Litecoin in New York.
- 2018: The company launches Coinbase Pro, an advanced trading platform for professional traders, and establishes Coinbase Ventures to invest in early-stage cryptocurrency and blockchain startups.
- 2021: Coinbase becomes the first major cryptocurrency company to go public, listing on the Nasdaq via a direct listing under the ticker symbol COIN.
- 2022: The company announces the closure of its San Francisco headquarters, transitioning to a fully remote-first work model to embrace decentralized operations.
Coinbase Statistics
Coinbase User Count
Coinbase user base:
110 million users (2023)
Coinbase Revenue Totals
Coinbase revenue (annual):
- 2023: $3.2 billion
- 2022: $3.194 billion
- 2021: $7.839 billion
- 2020: $1.277 billion
- 2019: $533 million
Coinbase net income (annual):
- 2023: $2.6 billion net loss
- 2022: $2.624 billion net loss
- 2021: $3.624 billion
- 2020: $322 million
- 2019: $30 million net loss
Additional Statistics
Average quarterly volume traded on Coinbase:
Total Coinbase assets:
Amount traded to date:
Number of countries supported:
Number of Coinbase employees:
Number of Coinbase NFT signups to date:
Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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