Coinbase is a platform that is responsible for purchasing and selling cryptocurrencies. In addition to trading, the company provides services that let users store assets, pay with a Coinbase credit card, learn about cryptocurrencies, or enable crypto payments for your online store.

The transaction fees customers must pay for services like purchasing or selling on the site are the fundamental component of the Coinbase business model. The bitcoin exchange market has been a massive success for Coinbase, a relatively new business. Thus, we decided to do another business model analysis. This blog will provide a clear explanation of Coinbase’s business model.