Why is Coinbase Global Inc important to traders?
Learn all about the Coinbase share price journey, Coinbase margin trading, and how to trade the share with Capital.com.
Learn more about Coinbase Global IncSpread | 0.41 | ||||||||
Long position overnight fee
Long position overnight funding adjustment
Go to platform | -0.026235% | ||||||||
Short position overnight fee
Short position overnight funding adjustment
Go to platform | 0.004012% | ||||||||
Overnight fee time | 21:00 (UTC) | ||||||||
Min traded quantity | 0.4 | ||||||||
Currency | USD | ||||||||
Margin | 5.00% | ||||||||
Stock exchange | United States of America | ||||||||
Commission on trade | 0% |
Prev. Close | 163.15 |
Open | 163.48 |
1-Year Change | 100.86% |
Day's Range | 163.15 - 169.35 |
Date | Close | Change | Change (%) | Open | High | Low |
---|---|---|---|---|---|---|
Sep 18, 2024 | 165.75 | 4.05 | 2.50% | 161.70 | 169.02 | 160.05 |
Sep 17, 2024 | 162.20 | -0.55 | -0.34% | 162.75 | 167.55 | 160.40 |
Sep 16, 2024 | 161.15 | 0.20 | 0.12% | 160.95 | 163.04 | 155.83 |
Sep 13, 2024 | 163.29 | 0.92 | 0.57% | 162.37 | 168.86 | 158.95 |
Sep 12, 2024 | 162.36 | 3.71 | 2.34% | 158.65 | 165.31 | 155.97 |
Sep 11, 2024 | 156.55 | 3.61 | 2.36% | 152.94 | 158.73 | 149.90 |
Sep 10, 2024 | 157.75 | 2.26 | 1.45% | 155.49 | 159.03 | 149.45 |
Sep 9, 2024 | 155.25 | 3.50 | 2.31% | 151.75 | 157.34 | 148.95 |
Sep 6, 2024 | 146.06 | -13.59 | -8.51% | 159.65 | 164.37 | 146.05 |
Sep 5, 2024 | 159.25 | -2.90 | -1.79% | 162.15 | 166.34 | 158.08 |
Sep 4, 2024 | 163.42 | -3.93 | -2.35% | 167.35 | 169.39 | 160.62 |
Sep 3, 2024 | 169.10 | -13.62 | -7.45% | 182.72 | 184.30 | 168.01 |
Aug 30, 2024 | 183.05 | -5.40 | -2.87% | 188.45 | 190.75 | 179.98 |
Aug 29, 2024 | 188.84 | -3.08 | -1.60% | 191.92 | 196.42 | 186.95 |
Aug 28, 2024 | 187.96 | -3.22 | -1.68% | 191.18 | 197.28 | 187.70 |
Aug 27, 2024 | 194.90 | -8.44 | -4.15% | 203.34 | 204.41 | 191.97 |
Aug 26, 2024 | 203.28 | -9.00 | -4.24% | 212.28 | 213.25 | 202.59 |
Aug 23, 2024 | 210.86 | 8.97 | 4.44% | 201.89 | 211.82 | 197.50 |
Aug 22, 2024 | 199.75 | 1.80 | 0.91% | 197.95 | 206.97 | 197.35 |
Aug 21, 2024 | 204.95 | 11.80 | 6.11% | 193.15 | 206.86 | 193.15 |
Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).
Coinbase is an American cryptocurrency exchange platform, a subsidiary of Coinbase Global, Inc. Founded in 2012 by a former Airbnb engineer Brian Armstrong and a former Goldman Sachs trader Fred Ehrsam, Coinbase is the largest cryptocurrency platform in the United States by trading volume (as of March 2021).
Driven by a mission to build the crypto economy, ie a more accessible, fair and transparent crypto-enabled financial system, Coinbase offers a platform where people can buy, hold and trade various cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, etc. It delivers services for both institutional and retail cryptocurrency investors, and other crypto-related products.
By 2021, Coinbase attracted 43 million verified users from over 100 countries around the world, had a total trading volume of more than $455 billion, $90 billion assets on the platform and a team of 1,200 employees.
In spring 2020, during the Coronavirus pandemic, Coinbase proclaimed itself a “remote-first” company with no official headquarters. In January 2021, the company first announced its plans to go public and proceeded with an SEC filing for a direct listing.
Eventually, Coinbase share price floated on the NASDAQ stock exchange under the ticker symbol COIN. The company preferred to list the COIN stock straight through a direct listing (DPO), instead of a traditional initial public offering. The same technique was also used by big names such as Palantir (PLTR) and Spotify (SPOT) in recent years.
Despite a massive sell-off in March 2020, driven by the Covid-19 pandemic, its consequences and fears, the cryptocurrency market managed to rebound quickly and move forward to reach significant gains by the end of 2020 and beyond.
Coinbase hit the public market following months of impressive crypto market growth, as more and more institutional investors adopt cryptocurrencies and retail investors rush to buy Bitcoin and promising altcoins, delivering outstanding returns to Coinbase.
According to the company’s SEC filing, it earned $322 million on revenues of more than $1.2 billion in 2020. This could be considered a huge improvement from 2019, when Coinbase registered $30 million in losses on revenues of $522 million.
Today you can trade COIN shares with CFDs directly from the interactive Coinbase stock price chart at Capital.com. Follow the COIN share price and decide whether to open a long or a short trade, depending on the stock’s performance. Track the COIN stock price today and include this popular cryptocurrency exchange platform into your investment portfolio.
Industry: | Blockchain & Cryptocurrency (NEC) |
C/O Corporation Service Company
251 Little Falls Drive
WILMINGTON
DELAWARE 19808
US
FOMC Decision Review: A 50 point cut but the markets responded in a mixed fashion
Discover the US Federal Reserve’s latest 50 basis point cut and how the markets reacted. Stocks surged, the US Dollar fell, and the Fed hints at more aggressive cuts ahead.
11:30, 19 September 2024Bank of Japan Preview
The Bank of Japan will meet on September 20, 2024, with markets anticipating minimal policy changes. However, inflation risks remain, with core CPI at 2.7% and potential for future interest rate hikes.
09:40, 17 September 2024FOMC Decision Preview
As the US Federal Reserve prepares for its most significant decision since ending the rate hike cycle in mid-2023, the balance of risks has shifted. With inflation stabilizing at 2.6% and rising unemployment at 4.2%, the FOMC faces increasing pressure to address employment concerns. Markets anticipate a rate cut, with debate on the extent of the reduction.
09:48, 16 September 2024ECB Preview: cuts expected but the pace is uncertain
Markets expect the ECB to cut rates again in September, but how many more?
12:34, 11 September 2024Market analysis: US CPI and PPI
Overview of upcoming US inflation data for August, with expectations for a year-over-year CPI drop to 2.6% and core CPI holding steady at 3.2%. Markets will also focus on U.S. PPI data, which is forecasted to show mild growth, reinforcing potential easing inflationary pressures.
07:56, 10 September 2024Introducing Newsquawk: your new in-platform newsfeed
We are very excited to announce the launch of Newsquawk in the Capital.com platform and app. This new newsfeed is designed to help you get ahead with real-time headlines, personalised stories and in-depth reports – all available directly in the platform and app, where you need them.
14:09, 20 August 2024Jackson Hole Preview: All eyes on Powell and Gold
The key focus this week will be on Jerome Powell and any insight he may give into the future of monetary policy.
15:24, 19 August 2024Learn all about the Coinbase share price journey, Coinbase margin trading, and how to trade the share with Capital.com.
Learn more about Coinbase Global IncJoin the 640,000+ traders worldwide that chose to trade with Capital.com