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Thursday, 22 October 13:36 (GMT -05:00)



Foreign exchange market

Coinbase Registers a Big Inflow of New Clients


An international cryptocurrency exchange named Coinbase is reported to have registered 5 million users of the last 12 months. This is what the latest report says. In particular, the amount of Coinbase users increased from 25 million users all the way up to 30 million users over the reporting period.
 

Coinbase Expansion

 

It should be note that Coinbase made a lot of important internal changes over the period. In May 2019, the exchange announced an expansion of its international presence - now over 100 countries worldwide. Apparently, this is one of the reasons for the mentioned client increase. The platform also added new cryptocurrencies - EOS, XRP, and a bunch of other altcoins.
 
Some experts say that the fast growth of Coinbase's client base mostly has to do with the recent mini-boom of Bitcoin. The stats show that most of the new clients joined in exactly during the period of the rescent BTC rally. Still, the tendency still persists. 
  

Google Trends

 

If someone thinks that the so-called Wall Street can cool down the rush with the help of Google Trends, they are still to skeptic about the future of Bitcoin and Coinbase. Indeed, internet users are searching Coinbase in Google less frequently than they used to do so in 2017. However, the client increase shows that more and more people get interested in cryptocurrencies.
 
By the way, if you are interested in cryptocurrencies, you can always check the current rates and client feedback about Bitcoin and other altcoins on masterforex-v.org.

 

 

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