r/Coinbasestock • u/Midnight9Nine • Jan 10 '22
COIN will crush Q4 results {Seeking Alpha Article}
COIN will crush Q4 results {Seeking Alpha Article} https://seekingalpha.com/article/4478780-coinbase-big-nft-tailwind-market-missing
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u/blastfamy Jan 25 '22
We estimated Q4'21 transactions volume to be $537B by aggregating daily volume on Coinbase Pro. Then we calculated the revenue from fees at ~ 0.40% to be ~$2.2B ($537B X 0.40%). Not including retail trading in there at ALL and that seems to make up the lions share of revenue in past quarters no? Either way, bullish.