Coinbase is losing users. The number of active clients of large cryptoexchange has decreased by 80% since December 2017. This is stated in the study of the venture company Tribe Capital.
Bloomberg leads the results of the research. The number of active Coinbase users was at its maximum during the period when the Bitcoin (Bitcoin) rate reached $20,000, but since then it has steadily decreased. Over the same period, the cryptocurrency price drop by 60%.
Tribe Capital collected data from bank transfers. They include only transactions conducted in the United States, but the company is confident that the general trend is shown correctly.
Diar company’s employees also speak about a drop in activity at Coinbase. They analyzed the dollar sales at the cryptoexchange and found that over this period the figure also dropped by 80%.
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