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Thread: What is Coinbase? The Gateway to Crypto for Millions ๐ 1/ If you're getting into crypto, chances are you've heard of Coinbase. But what actually is it? Why is it such a big deal? And how did it become one of the most trusted names in crypto? Letโs break it down ๐ 2/ ๐ What is Coinbase? Coinbase is a cryptocurrency exchange that lets you buy, sell, and store digital assets like Bitcoin, Ethereum, and many others. Itโs known for being beginner-friendly, secure, and one of the most regulated platforms in the U.S. 3/ ๐๏ธ Founded in 2012 Coinbase was started by Brian Armstrong (a former Airbnb engineer) and Fred Ehrsam. Their mission? Make crypto accessible and easy for everyone โ not just tech-savvy devs and traders. 4/ ๐ IPO Milestone In April 2021, Coinbase made history by going public on the Nasdaq under the ticker $COIN. Valuation at launch? ~$85 BILLION. It was a defining moment for crypto entering the mainstream financial world.
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