Coinbase Advanced, the cryptocurrency exchange’s platform for professional traders, experienced significant growth in 2024, with a 191% increase in trading volumes and a 77% increase in users. This growth was primarily driven by derivatives trading, which saw a staggering 10,950% increase in volumes.
To support these activities, Coinbase introduced new token listings and expanded its product offerings. Despite recent market volatility, shares of Coinbase have remained relatively stable, indicating continued investor confidence in the company’s long-term prospects.
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