Post
Topic
Board Economics
Re: Coinbase IPO was the largest IPO in 2021. 86 billion USD valuation
by
bryant.coleman
on 23/08/2021, 18:51:03 UTC
Isn't the volume the most decisive number here? Which also correlates with the weekly visits as obviously. I would say Binance should in pure numbers be above and beyond Coinbase. Binance will now also get fully regulated. That might be the difference. But I am quite sure in terms of ROI Coinbase is nowhere near Binance.

Add: One factor might be that Coinbase has huge OTC trading volume that is not reflected on CMC.

Trade volumes are always manipulated. Binance has a large number of coins that are outside the top-100 list in their platform, and order books for these coins are distorted.