Coinbase Trading Volume Outside US Surpasses $1 Billion: A Major Milestone
Coinbase International Exchange, the overseas arm of the U.S.-based Coinbase crypto exchange, has hit a significant milestone. On Feb. 20, 2025, Coinbase International, as reported by CEO Brian Armstrong, witnessed a surge in activity, signaling the growing importance of its global presence. The key achievement? Coinbase trading volume outside of the US has surpassed $1 billion in a single day!
Coinbase International Exchange: A Billion-Dollar Breakthrough
On Feb. 20, Coinbase’s non-US exchange saw over $1 billion in daily trading volume. This accomplishment underscores the expanding reach and adoption of Coinbase's services beyond the United States. Coinbase International Exchange wrote: “In the last 24 hours [our] perpetual futures surpassed $1 billion.” This substantial increase highlights the demand for Coinbase's offerings in international markets.
What This Means for Coinbase and the Crypto Market
This achievement is a massive milestone for the international exchange. Coinbase's international exchange platform hitting $1 billion in daily trading volume for the first time signifies impressive growth and reflects the increasing global appetite for cryptocurrency trading. This milestone comes as Coinbase continues to strategically expand its international presence and diversify its revenue streams. The surge in Coinbase trading volume outside of the US not only benefits the company but also contributes to the overall health and liquidity of the cryptocurrency market.
Key Takeaways: Coinbase International's Success
- Record Volume: Coinbase International Exchange continues to grow, hitting $1 billion in daily volume for the first time.
- Global Expansion: Demonstrates the increasing importance of Coinbase's international operations.
- Market Confidence: Reflects growing confidence and participation in the cryptocurrency market worldwide.
The $1 billion trading volume milestone for Coinbase trading volume outside of the US marks a pivotal moment for Coinbase International, solidifying its position as a leading global crypto exchange.