Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees

CoinDesk·

Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees

60-second summary

Coinbase is diversifying its revenue streams by expanding into derivatives, payments, and infrastructure, reducing its reliance on trading fees. Analysts expect this strategic shift to broaden its growth story beyond crypto trading. This move aims to cushion the exchange against market volatility and position it for long-term sustainability in a downturned crypto market.

Analysts say the exchange's push into derivatives, payments and infrastructure broadens its growth story beyond crypto trading.