Coinbase Exec Explains Why US-Based Crypto Exchange Will Beat Competition Like Binance, FTX

Coinbase Exec Explains Why US-Based Crypto Exchange Will Beat Competition Like Binance, FTX

Coinbase Chief Product Officer Surojit Chatterjee says he is confident his exchange can beat its main competitors.

In a new interview on the Unchained Podcast, Chatterjee says that competition is good for the crypto space and spurs innovation.

In terms of why we think we’re in a good place, I think our focus on trust in the first place. That we want to be the most reliable option for customers, period. And that comes from our investment in security, attack prevention, compliance, and this is a great investment for many years to come. You know some of our competitors may not focus on that.

It’s also strong risk management, strong customer support, basically not being sketchy, that’s how I say it.”

Chatterjee also says that Coinbase is “obsessed” with keeping things simple. The CPO says the exchange hopes to have a billion users in the future, and that requires “long and sustained investment in technology.”

Lastly, the Coinbase executive argues that the exchange’s suite of integrated products gives them an edge.

“If you’re a Coinbase customer, if you have a Coinbase account, we try to make it simple and easy for you to access all of our products and services, so it’s not just about buying and selling crypto, but if you want to stake your crypto, if you want to send your crypto, receive crypto, if you want to use a debit card to pay someone, if you want to buy an NFT [non-fungible token]if you want to participate in your E3 game or any other interesting application, all of them can be done without leaving our platform, with a single account.”


Never miss a thing – sign up for crypto email alerts straight to your inbox

Check price action

Follow us TwitterFacebook and Telegram

Surf The Daily Hodl Mix

See the latest news headlines


Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl is involved in affiliate marketing.

Featured Image: Shutterstock/Jodi Suherman

Leave a Reply

Your email address will not be published.