Coinbase, Exchanges

What Is Coinbase Stock Symbol?

Coinbase is a digital asset exchange company headquartered in San Francisco, California. They offer a platform for traders to buy and sell digital currencies including Bitcoin, Ethereum, Litecoin, and more.

Coinbase also allows users to store their cryptocurrencies in a wallet on the site.

Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. Armstrong is the CEO of the company and Ehrsam is the co-founder and current President & COO.

NOTE: WARNING: Coinbase does not have a stock symbol. It is a cryptocurrency exchange service and not a publicly traded company. Investing in cryptocurrencies carries a high level of risk, and is not suitable for all investors. Before deciding to invest in cryptocurrencies, please be sure to carefully consider the risks and potential rewards of such an investment. Additionally, research the background and reputation of the company offering the cryptocurrency before investing.

Coinbase has received over $225 million in funding from investors including Andreessen Horowitz, Union Square Ventures, and Ribbit Capital.

In May 2017, Coinbase announced they were adding support for Ethereum Classic (ETC) on their platform. This caused the price of Ethereum Classic to spike as traders rushed to buy the coin before it was added to Coinbase.

Coinbase has been incredibly successful since their launch and are one of the most popular cryptocurrency exchanges online. As of January 2018, they had 13 million users on their platform with $150 billion worth of transactions processed.

Coinbase has been working on an IPO (Initial Public Offering) but have not yet filed for one. It is speculated that their stock symbol will be COIN when they do go public.

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