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[aryan4]

Meitu company had previously reported that it received $ 90 million in BTC and ETH in a short time. It was wondered through which stock exchange company this transaction was made in the markets. The Coinbase exchange made an official statement on this issue, reporting that all transactions are made on their platform and that it is their own.
Why do you think big companies are choosing more Coinbase exchanges?

 

[Niftyicon]

Coinbase is a reputable platform and I am almost certain that most organizations would prefer making their transactions through them.

 

[aryan4]

Coinbase is a reputable platform and I am almost certain that most organizations would prefer making their transactions through them.

I do not use it because the commission rates are high for me. However, many known big companies choose this exchange for trade, as you said, it has a reliable image in the markets.

 

[Mahsazar]

Meitu company had previously reported that it received $ 90 million in BTC and ETH in a short time. It was wondered through which stock exchange company this transaction was made in the markets. The Coinbase exchange made an official statement on this issue, reporting that all transactions are made on their platform and that it is their own.
Why do you think big companies are choosing more Coinbase exchanges?

Do you know how many dollars Bitcoin will be by the end of the year?

 

[Niftyicon]

I do not use it because the commission rates are high for me. However, many known big companies choose this exchange for trade, as you said, it has a reliable image in the markets.

I also think it is a better option for corporations and their investments than it is for individuals but it still remains widely recognized and trusted.

 

[Binita100]

Definitely it should be because they trust the platform more compared to other platform and coinbase is more regulated , so there is much trust

 

[Binita100]

The company previous announced its Ethereum coin purchase. Now it is the turn for Bitcoin. They are in love with crypto, it is good to have diverse investment and saving method. They choose coinbase, because coinbase is secured and trusted worldwide for easy Cryptocurrency transactions.

Coinbase simplicity interms of useage also contributes to them using the platform for transactions and others , coinbase is a good platform

 

[Josemendez]

Am not surprised about this investment , however I wonder why most of these huge buy is coming through coinbase. Seems top companies trust them more

 

[Binita100]

Yeah, coinbase is even affiliated to US government. So it will be hard to see any fraudulent things on the site. It is very legit, that's why investors don't joke with it.

Probably and why many companies and influential individuals use it , is because of the coinbase to coinbase transaction on the platform

 

[Binita100]

Coinbase to coinbase transactions contribute also to it. Coinbase to coinbase transactions charges zero fees to process transactions. That's why it is one of the best to use when it comes to Cryptocurrency transactions.

I wish the method continues and this draws more people to invest in crypto , most especially those that hates very high fees of crypto and others

 

[Ewogboka]

Am not surprised about this investment , however I wonder why most of these huge buy is coming through coinbase. Seems top companies trust them more

Coinbase is big,reliable, traceable and very stable , the transaction fee may also be a contributing factor also. I hope they turn to binance some day.

 

[WilGlass]

Coinbase is a reputable platform and I am almost certain that most organizations would prefer making their transactions through them.

coinbase pro would make so much more sen$e

 

[achawaskey]

The answer is simple because they are trusted and has a reputation of securing the assets of there customers and are well known in the cryptocurrency business.

 

[Josemendez]

Probably and why many companies and influential individuals use it , is because of the coinbase to coinbase transaction on the platform

Well , I think this is a great advantage too . Coinbase to coinbase transaction is quite free and it is a great a way to escape gas fee

 

[Binita100]

Well , I think this is a great advantage too . Coinbase to coinbase transaction is quite free and it is a great a way to escape gas fee

Maybe and the platform has been created for long , there is always some level of trust users do have for such kind of platform,so i am not surprised

 

[Josemendez]

Maybe and the platform has been created for long , there is always some level of trust users do have for such kind of platform,so i am not surprised

Sure , but that doesn't mean that they are not vulnerable . Coinbase is still a Centralized platform ,and hacking is surely going to come to play soon

 

[Binita100]

Sure , but that doesn't mean that they are not vulnerable . Coinbase is still a Centralized platform ,and hacking is surely going to come to play soon

Its rare to see them get hacked , the reason is the technology they have put in place to prevent hacking from taking place , that's what i note

 

[Josemendez]

Its rare to see them get hacked , the reason is the technology they have put in place to prevent hacking from taking place , that's what i note

There is never any platform that is not prone to hacking . If an insider decides to assist hackers for a fee , the platform can be hacked just like other similar platforms that has been hacked

 

[Wisdom01]

The reason is that coinbase have so many financial results backing them and they have a physical office just incase of any issues , this makes people trust them

 

[Binita100]

There is never any platform that is not prone to hacking . If an insider decides to assist hackers for a fee , the platform can be hacked just like other similar platforms that has been hacked

Incase if they are hacked the ability for them to recover real fast from the hacking , is why many people still rate the platform on a high level? ..