It’s no secret that Coinbase has played an instrumental role in bringing new users into the crypto space. Coinbase’s friendly onboarding process and status as a publicly traded company allow it to appear as a more traditional investment platform to non-crypto savvy investors, leading to greater trust.
However, it seems almost weekly that another article hits the internet about Coinbase and its excessive fees for retail and professional traders and investors. The gripe generally unfolds with a comparison of pricing between a couple of different exchanges. With increased competition, the pressure for Coinbase and exchanges around the world to lower fees is mounting. Nevertheless, the biggest pricing issue facing Coinbase and other exchanges is far greater than simply fee structures.