Coinbase app surpasses TikTok and Instagram in popularity

by in Cryptocurrency News

Coinbase

In the AppStore, the Coinbase cryptocurrency exchange application turned out to be the most popular. In terms of the number of downloads, this service has bypassed TikTok, Instagram, and even YouTube.

Recall that in the spring, Coinbase entered the stock market. It became the first company to be listed on the Nasdaq exchange, representing the cryptocurrency industry.

Most recently, this marketplace listed the Shiba token. After that, the value of digital currency began to grow at an explosive rate.

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Coinbase ranks as one of the largest cryptocurrency exchanges by trading volume. According to the latest data from CoinMarketCap, the average daily transaction amount on this platform reached $ 12.576 billion in October.

The first place is still held by Binance, which now has a trading volume of just over $ 54.551 billion.