Coinbase Users (In Numbers)



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Key Takeaway:

  • Coinbase is a popular cryptocurrency exchange platform that allows users to buy, sell, and store various cryptocurrencies.
  • With over 100 million registered users, Coinbase has become one of the leading platforms for individuals and businesses looking to enter the world of cryptocurrencies.
  • The trading volume on Coinbase has experienced significant growth over the years, indicating a growing interest and adoption of cryptocurrencies among users.


Coinbase, a popular digital currency exchange platform, attracts a vast user base. Here’s a concise overview of Coinbase Users:

  • User Security: Coinbase users benefit from robust security measures, such as two-factor authentication and cold storage for funds, ensuring enhanced protection for their digital assets.
  • Easy Trading: Coinbase users can engage in hassle-free trading activities, with a user-friendly interface and a wide range of cryptocurrencies available for trading.
  • Mobile Accessibility: Coinbase offers a mobile application, enabling users to conveniently manage their cryptocurrency investments on the go.

Notably, Coinbase provides a secure and user-friendly platform for individuals to trade cryptocurrencies, with mobile accessibility as an added advantage.

Pro Tip: Regularly reviewing and updating your security settings on Coinbase can further enhance the safety of your digital assets.

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Overview of Coinbase

Coinbase, a popular cryptocurrency exchange, offers a comprehensive platform for users to buy, sell, and store various cryptocurrencies. With its user-friendly interface and robust security measures, Coinbase has become a trusted choice for individuals looking to enter the cryptocurrency market. This platform provides a seamless experience for users, allowing them to easily navigate through the different features and services offered by Coinbase. As a leader in the crypto space, Coinbase has established itself as a reliable and secure platform, making it a preferred choice for both beginners and experienced cryptocurrency enthusiasts.

In addition to its user-friendly interface, Coinbase offers a range of features to enhance the crypto trading experience. Users can easily manage their cryptocurrency portfolio, track market trends, and execute trades all within the Coinbase platform. The platform also provides valuable educational resources for users to learn more about cryptocurrencies and blockchain technology. Coinbase strives to make cryptocurrency accessible to everyone, offering a simple and intuitive user experience while maintaining the highest security standards.

Furthermore, Coinbase has a strong reputation in the industry, which has contributed to its widespread adoption. The company has a solid track record of maintaining the security of user funds and has implemented strict security protocols to protect against unauthorized access. Coinbase also complies with regulatory requirements and operates in accordance with applicable laws to ensure a safe and reliable trading environment for its users.

Conclusion and Disclaimer

The conclusion of our analysis regarding Coinbase users is as follows: It is essential to provide a clear disclaimer to users when using Coinbase services, considering the risks associated with cryptocurrency investments. This helps users make informed decisions and understand the potential implications with regard to security, market volatility, and regulatory conditions.

Taking into account the nature of cryptocurrency investments, including the potential for price fluctuations and the lack of regulation in some jurisdictions, it is crucial to acknowledge the risks involved. Coinbase users should be aware that their investments may be subject to sudden and significant changes in value, and they should carefully consider their risk tolerance before engaging in any trading activities.

It is also important for Coinbase to continually educate and inform its users about potential scams, phishing attempts, and security best practices. By doing so, users can better protect their accounts and mitigate the risks associated with unauthorized access or fraudulent activities.

Pro Tip: Regularly review and update your security settings on Coinbase to minimize the risk of unauthorized access to your account. Stay informed about the latest security threats and be cautious of any suspicious emails or requests for sensitive information.

Five Facts About Coinbase Users:

  • ✅ Over 100 million people used Coinbase in 2022. (Source: Team Research)
  • ✅ Coinbase had its largest year-on-year user growth from 2021 to 2022 when it grew by 92.8%. (Source: Team Research)
  • ✅ The number of monthly transacting users (MTU) on Coinbase has declined significantly over the past year. (Source: Team Research)
  • ✅ Quarterly trading volume on Coinbase peaked in Q4 2021 at US$547 billion and has been in a downtrend ever since. (Source: Team Research)
  • ✅ Coinbase reported a loss of US$545 million in Q3 2022. (Source: Team Research)

FAQs about Coinbase Users

How many users does Coinbase have?

Coinbase had 108 million users in 2022, up from 56 million people in 2021. This equates to 92.8% year-on-year growth.

Has the number of Coinbase users been consistently growing?

Yes, Coinbase’s user base has grown steadily from Q1 2018 through Q3 2022. It experienced significant jumps in quarterly growth during certain periods.

What was the peak daily trading volume on Coinbase?

The highest peak in daily trading volume on Coinbase was reached in 2021 at US$11.12 billion. The closest peak in a different year occurred in 2022, when it hit US$5.17 billion.

How does Coinbase’s net revenue breakdown between retail and institutional investments?

Retail investments drive the majority of net revenue for Coinbase when compared with institutional investments. This dynamic was particularly amplified from Q4 2020 to Q1 2022.

Is Coinbase profitable?

While net revenue for Coinbase was still positive as of Q3 2022, net income for the company has been in the red since Q1 2022. However, net income has bounced back as of Q2 2022.

Are cryptocurrencies on Coinbase considered risky investments?

Yes, cryptocurrencies are speculative, complex, and involve significant risks. They are highly volatile and sensitive to secondary activity. Past performance is not a guarantee of future performance. It’s important to consider your own circumstances and obtain financial advice before making any investment decision.

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