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/biz/ - Business & Finance

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>> No.5400050 [View]
File: 18 KB, 825x301, m7PUj6O[1].png [View same] [iqdb] [saucenao] [google]
5400050

coinbase does 1.8 billion in volume every day
they typically charge .25% fee for each trade, with some discounts to larger volume traders, so lets call it .15% to be conservative

1.8B x .15% = 2.7 million

thats coinbases daily income from fees

they are not in any danger from 3 million dollars of trapped bitcoins or whatever the fuck last thread was talking about

cheers

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