$COIN COO Says Company Preparing for Trading Fees Compression

Nathan Worden's avatar
At IPO, investors knew fee compression would come eventually. It’d be very concerning if it was already happening now. But fortunately fee compression at Coinbase not happening immanently— they’re just ‘preparing’ for it because their fees are so much higher than other exchanges.

In my view, people are gladly paying higher fees to Coinbase because of how $COIN has gone about working with regulators. From the very beginning they e been the most compliant exchange out there.

Fees will compress over time, so it’s great to see how Coinbase is thinking about riding the next waves of DeFi and NFTs to stay competitive.
Gannon Breslin's avatar
about time

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