Here is how Coinbase plan to survive the crypto downturn by ditching its reliance on trading fees

Coinbase is pivoting away from its traditional reliance on trading fees to weather the crypto downturn by exploring new revenue streams in derivatives, payments, and infrastructure. This strategic shift aims to diversify its income sources and reduce vulnerability to the volatile crypto market. By expanding into these areas, Coinbase is positioning itself to grow beyond the crypto trading sector, which could prove crucial for long-term sustainability amid market fluctuations. This move underscores the broader trend of crypto exchanges seeking diversification to mitigate risks.