Coinbase Q3 Revenue Fell to $1.2 Billion on Lower Trading Volumes

Oct 31, 2024

Coinbase's Q3 2024 revenue dropped to $1.2 billion, missing analysts' expectations, with a $75 million profit. The decline was attributed to decreased trading volumes, particularly among retail customers, while stablecoin revenue rose to $246 million.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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