AMA with Marcus Hughes, Managing Director Europe, at Coinbase

Freetrade Chat 🔥
21

How does coinbase plan to educate the market on the fact that just because crypto goes down it doesn’t necessarily mean your revenue will?

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22

Do Coinbase ever expect to expand beyond crypto?

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23

Can you provide explainatiin on why coinbase was down on may 19th and will you repay the losses?

24

Give Kraken a go. The fees are 0.16% for buy/sell trades. The interface is slightly more complex though.

Youd have to think about holding on the exchange, or withdraw to your wallet when you have about £1000

25

Is Crptyo and companies like coinbase a good investment when the market can be altered so aggressively especially when social media influencers can talk negatively about a Crptyo currency and crush the market.

27

When will coinbase be offering crypto backed loans and interest savings accounts :thinking: do they also plan on improving there servers to combat delays in peak trading times
Thanks jake

28

Thanks for all the great questions so far, there’s going to be a lot to get through!

And welcome @Clemepc @davecharris @LiloO @db159 @Granger @GC808 to the community forum :wave:

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Any comment on the vast numbers of people reporting issues with support / locked and frozen accounts?

What guarantees are there that a user can access their money?

Will it be possible to hold USD or other currencies with a U.K. based account? Why the differences between “home” currency of account?

Any plans to offer automated transactions triggered by ElonMusk tweets?

30

How do you plan to compete with Binance? Are you planning to have your crypto coin? Where do you see Coinbase in 10 years time?

31

What is Coinbase doing to improve its Customer Service especially for people living in the U.K.

32

Q: The internet pretty much turned into what the predictions of the late 1990’s suggested and we have the excitement of quantum to follow,

How do you see the real world use case of crypto being adopted and how could the environment alter if major governments or banks began to adapt & accept only their own crypto currency?
i.e. the JPMorgan Coin.

33

When will staking become available in Coinbase? And why are the fees so high?

34

Hi,
Lot of people were excited with Coinbase IPO and bought shares at IPO. However, the share prices have crashed from over 400$ to 225$ as of today. What is Coinbase doing to, protect the shareholders from such heavy losses?
The fact that there has been significant insider selling in the past month or so, is not providing shareholders like me, any confidence. Doesn’t the employees (CEO, co-founders, large shareholders) have any hope left for the company? Given up?
I hope, that you will provide an answer in this session for the above?

Thanks

35

Dan, try “Coinbase Pro” instead. 0.5% transaction fee.

36

Is there a recording of the session?

37

Hi everyone

Thanks for all your questions!

Here’s Dan chat with Coinbase this week.

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Enjoyed this. Thanks.

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