5 ms·

Yes, Coinbase is an exchange

• JumpCrisscross 4y ago
  > Coinbase is an exchange Not in the conventional sense. It’s a broker with a prop desk.
  • HDThoreaun 4y ago
    Coinbase has a prop desk?
    • JumpCrisscross 4y ago
      > Coinbase has a prop desk? Maybe [1], possibly not anymore [2]. [1] https://www.wsj.com/articles/coinbase-tested-group-to-speculate-on-crypto-11663806157 https://www.wsj.com/articles/coinbase-tested-group-to-specul... [2] https://news.yahoo.com/coinbase-never-trades-against-customers-145709295.html https://news.yahoo.com/coinbase-never-trades-against-custome...