The number of Coinbase (NASDAQ: $COIN) verified users is up 3x in the last 4 years to stand at 90M


April 13, 2022 ( Newswire) Per a analysis, Coinbase (NASDAQ: COIN) verified users have grown threefold in the last four years. Consequently, that number stands at about 90 million today.

Coinbase’s performance has attracted the attention of crypto market analysts. One of them is’s Edith Reads. She avers that the exchange’s impressive run is a precursor to more growth in the future.

“Coinbase’s growth has been nothing short of explosive,” she said. “Reaching the 90 million verified users milestone is the culmination of a consistent pattern of growth for the company. It speaks volumes of the level of confidence that users have on the platform. One can only expect Coinbase to further grow its numbers as cryptocurrencies become more mainstream.”

So, why are Coinbase verified users growing?

Several factors explain Coinbase’s success. It was among the first platforms to offer an easy method for buying Bitcoin (BTC) with fiat currency (such as USD). This increased its accessibility since users didn’t require other cryptos before transacting.

Secondly, its website and app provide a simple and intuitive user experience. This feature takes the complexity out of crypto trading.

Moreover, it charges some of the lowest transaction fees. Thus it remains attractive to users keen on lowering their trading costs and supports the trading of over 100 digital assets in 100 plus countries.

Coinbase is also one of the most innovative companies in the field. It has been expanding its product portfolio consistently over the years.

Coinbase’s woes

Coinbase hasn’t had it easy despite its successes. In the past, it has experienced outages owing to increased traffic. That has inconvenienced users and left them dissatisfied with its services. Users have also complained of an unresponsive customer support team.

In October 2021, Coinbase acknowledged that hackers had exploited its 2-factor authentication system to access user accounts. Following that breach, up to 6,000 users lost their funds. The company accepted liability and committed to reimbursing them the lost funds.

The full story and statistics can be found here: The number of Coinbase verified users reaches 90M


Edith Reads
St Magnus House
3 Lower Thames St

More Info:

This news is published on the Newswire – a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire and

Global investors must adhere to regulations of each country. Please read privacy policy:

Buy a crypto guest post on

The Wall Street Journal: Starbucks planning new employee benefits that might exclude unionized workers

Previous article

The Margin: ‘Glue girl’ protests Timberwolves owner’s alleged animal rights abuses by trying to glue herself to the court at an NBA game

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News