Stock Groups

Crypto exchange Coinbase trading volumes jump over 67% -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The Coinbase Global Inc logo, which is the largest U.S. cryptocurrency exchange and the most prominent, can be seen on the Nasdaq MarketSite Jumbotron in Times Square, New York. It was displayed there, U.S.A, Thursday, April 14th, 2021. REUTERS/Shannon Stapleton

(Reuters) – U.S. cryptocurrency exchange Coinbase, (NASDAQ: Global Inc) said Thursday that its sequential trading volumes grew by more than 67% as retail traders were affected by volatility.

The quarter that ended December 31 saw trading volumes of $547 billion, compared to $89 billion the previous year.

The company stated that the sequential rise in Retail Trading Volume was mainly due to higher levels of volatility and strong consumer interest, which it said in a statement.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]