how does coinbase work to make money

Coinbase, a digital platform that helps people buy and sell digital currencies, makes money through a combination of fees, commissions, and interest earned from its users. This model is known as a "pay-as-you-go" model, which means that Coinbase only makes money when users actually use its services to make a trade. This allows Coinbase to avoid any potential losses from having to risk the value of its digital currencies in the event of fraud or other unexpected problems. Coinbase's business model is based on a network of relationships with users, rather than relying on advertising or other traditional forms of monetization. This means that Coinbase can focus on developing and improving its products, rather than trying to generate profits from advertising or other sources. This allows Coinbase to provide a better user experience and to grow its user base, which in turn helps generate more trades and more money for Coinbase. One key feature of Coinbase's business model is the ability to trade digital currencies using a platform that is accessible to people all over the world. This allows Coinbase to reach a wider audience, and to generate more trades and more money. Coinbase also provides access to a variety of digital currencies, which allows users to choose the digital currency they prefer for their trades. This can also help Coinbase to generate more money from users who have a preference for a specific digital currency. Overall, Coinbase's business model is based on a network of relationships with users, which allows Coinbase to focus on developing and improving its products without the need to generate profits from advertising or other sources. This allows Coinbase to provide a better user experience and to grow its user base, which in turn helps generate more trades and more money for Coinbase.