Coinbase, Exchanges

Who Is the Broker for Coinbase?

Coinbase is a digital asset broker headquartered in San Francisco, California. Coinbase allows clients to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

Coinbase also allows clients to hold these assets in a wallet on the Coinbase platform.

Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. Armstrong is the CEO of Coinbase and was previously the CTO at AirBnB.

Ehrsam is the co-founder of Coinbase and was previously a trader at Goldman Sachs.

Coinbase has been incredibly successful since its inception. The company has raised over $200 million from investors such as Andreessen Horowitz, Union Square Ventures, and DFJ Growth.

In 2017, Coinbase generated $1 billion in revenue and is on track to generate even more in 2018.

The broker for Coinbase is GDAX, which is owned by Coinbase. GDAX is a digital asset exchange that allows clients to buy and sell cryptocurrencies such as Bitcoin, Ethereum, and Litecoin.

GDAX charges a 0.25% fee for trades and offers a variety of features such as margin trading and stop-loss orders.

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