How? Does Coinbase not make most of their money on the spread? | Hacker News

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fastball on May 10, 2022 | parent | context | favorite | on: Coinbase stock lost over 75% value

How? Does Coinbase not make most of their money on the spread?

chii on May 10, 2022 [–]

The implication is that when crypto goes sideways, trading volumes drop, and thus, even though spread might be same or even better, the volume drop will have lost them money.

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