Just seems like there's so much competition in the crypto exchange area. How to differentiate? Seems like a race to the bottom fee wise is where we're headed. Especially with the rise of defi exchanges sucking up a lot of the power user market.
I think most of their revenue comes from trading fees. I just don't know if trade volume is going to be way up on Coinbase in the future, especially with new exchanges popping up all over.