Coinbase Passes 650,000 Users in Less Than a Year

Coinbase Passes 650,000 Users in Less Than a Year

Coinbase announced this week that its user base had crossed the 650,000 mark. It seems the young company is on a roll, as it recently managed to secure $25m in a round of funding led by Andreessen Horowitz. Coinbase has grown more than 20-fold over the past nine months. The service started back in 2013 with just 30,000 accounts but by August it had gained over 200,000. The number of Coinbase transactions is growing even faster - up more than twenty-fold since January. User demographics. The company also shared some interesting data on its demographics. The vast majority of Coinbase users....


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Quotes

Bitcoin woke us all up to a new way to pay, and culturally, I think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had.

John Battelle