Coinbase, Exchanges

What Happens if Coinbase Shuts Down?

If Coinbase were to shut down, it would be a major blow to the cryptocurrency industry. Coinbase is one of the most popular and well-known cryptocurrency exchanges, and it is often used as a gateway into the world of cryptocurrencies for many people.

Without Coinbase, it would be much harder for people to buy and sell cryptocurrencies.

There would likely be a significant drop in the value of cryptocurrencies if Coinbase were to shut down. This is because Coinbase is one of the major exchanges where people trade cryptocurrencies.

If there was no Coinbase, there would be less demand for cryptocurrencies, and the prices would go down.

Of course, Coinbase is not the only exchange out there, so the cryptocurrency industry would not completely collapse if it went away. However, it would definitely be a major setback, and it could take a long time for the industry to recover from such a blow.

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