how big is coinbase
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Coinbase, a digital finance platform, has been growing rapidly in recent years. With a reported user base of over 13 million, Coinbase is now one of the largest digital finance companies in the world. The company was launched in 2012 and has since become a popular option for cryptocurrency holders who want to invest and trade in the platform.
Coinbase's growth has been attributed to its user-friendly platform, which makes it easy for users to purchase, sell, and store cryptocurrencies. The company has also been able to partner with other financial services, such as banks, to provide a more complete financial experience for its users.
Coinbase's growth is not just limited to its user base, but also to its revenues. In 2020, Coinbase generated more than $13.2 billion in annual revenues, which is a significant figure considering the platform's young age. The company's profits have also been growing, with its profits for the fiscal year 2020 being more than $170 million.
Overall, Coinbase has been growing rapidly in recent years, and its growth can be attributed to its user-friendly platform, partnership with other financial services, and high revenues. With these factors, it is expected that Coinbase will continue to grow and become a dominant force in the digital finance industry.