Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex.
An Interesting Acquisition by Coinbase
In the world of cryptocurrency exchanges, competition is direly needed. Centralized trading platforms are the go-to gateways for novice enthusiasts looking to buy small, medium, and large amounts of cryptocurrency. Coinbase is one of the most popular platforms in this regard, even though there are a few competitors on the market as well.