In a report released on April 6, the Coinbase cryptocurrency exchange claimed to have an estimated 56 million verified customers in Q1 2021—that’s an additional 13 million since Q4 2020.

In Q1 2021, Coinbase saw a 117% increase in transacting users compared to Q4 2020, from 2.8 million to 6.1 million. That’s the highest jump in users in the last three years:

  • Coinbase added 3.3 million transacting users in Q1 2021 – a 117% increase
  • The platform is no the largest cryptocurrency exchange in the United States
  • Over $133 billion in assets were added to the digital asset platform, totaling $223 billion in Q1 2021