- Coinbase Stock (NASDAQ: COIN) crashed today, dropping 12.60% (-10.52) to around $72.99.
- Coinbase noted a loss in its latest quarterly results and reported users declining.
- Here’s a guide to purchasing the Coinbase stock amidst a dip.
The last five days had the leading U.S crypto exchange recording a more than 41% decline in the stock. That comes after the platform revealed declining users. Meanwhile, the current share fall raised eyebrows in the crypto community. For that reason, our team made this guide for enthusiasts.
Where to Buy COIN Stock
- Trading 212
Trading 212 is a financial tech firm based in London. The platform dominated the financial world with ‘smart’ and easy-to-utilize applications, allowing interested individuals to trade forex, commodities, and FX. Besides the free app, it offers the first-ever commission-free stock trading services in Europe and the United Kingdom.
That means ensuring stock markets access to millions of individuals. Trading 212 mobile app boasts over 14M downloads, making it a popular trading app globally. You can visit the platform to see what it has for its clients.
- Saxo Markets
The trading platform allows you access to more than 40K tradeable instruments in over ten asset classes. The best thing is that you can hedge, invest and trade from one account. Saxo Markets boasts low costs, attracting on-budget investors.
About Coinbase Stock
Coinbase Stock (COIN) is the stock by Coinbase cryptocurrency exchange, trading under NASDAQ: COIN symbol on NASDAQ. Remember, Coinbase is a United States-based crypto exchange and among the leading trading platforms by 24hr trading volume. Also, it’s the first crypto exchange to attain public listing on the mentioned stock exchange.
Should You Buy COIN Shares Today?
Coinbase shares could be advantageous for individuals that want to purchase a stock dip. Nevertheless, beware that the current crash reflects the latest quarterly earnings reports. That means the exchange should improve its wealth for COIN to kick-start upswings.
COIN Stock Price Forecast
Though COIN stock does not have a visible bottom or support, analysts remain optimistic about the stock, predicting rebounds once the turmoil in the crypto world stabilizes.
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