30 Million Coinbase Users And Counting

Coinbase users had reached another great milestone as it user base reached 30 million users worldwide with its latest 5 million users joining the exchange in the last ten months.

This staggering feat means that the San Francisco-based crypto giant has increased its user base by 15% in the last 10 months coinciding with the resurgence of interest on cryptocurrencies perhaps catalyst by the entry into the space by traditional finance and technology giants.

Interestingly this happened when Bitcoin has finally found its bottom and started to rally again marking the end of what many describe as the longest bear market in the crypto space which has shaken off many of the speculators and weak projects.

Even more impressive is the fact that Coinbase CEO Brian Armstrong was able to push his team to stay strong during the 2018 bear market and build a solid foundation in preparation to the likely rebound of the market.

Reaching critical mass and support it seems that Coinbase is going into uncharted territory as it begins to rub elbows with traditional finance industry players and regulators who are unsurprisingly resistant to the changes the nascent industry of crypto that can be viewed as existential risk to both.