Coinbase listed 83 assets in 2021

[Emitdama]

My issue with Coinbase and a lot of the exchanges is that they listed quite a few obvious pump and dump coins simply because they either were paid a lot by the team or they knew the trading fees they would rake in would be worth it.  While I understand this to a point I would much rather see things like Helium and some of the DEX tokens like JOE get listed as they have legitimate uses and help increase liquidity

Coinbase wasn’t the type of exchange that would go kind of rampant like this on their listing of coins, they hardly listed coins and just had a few tradable assets on their exchange. I was quite surprised that they listed quite a lot of coins this year. I would see a coin kind of getting hyped and the next thing I would know, it is already listed on Coinbase and I’m like ‘what?’.

A lot of those coins lost value, and they were just coins that were getting hyped only and nothing much apart form that. Although it is not bad that they tried to expand their lists of coins to make more available for trading for traders who would want to be making use of their exchange.

[Abiky]

My issue with Coinbase and a lot of the exchanges is that they listed quite a few obvious pump and dump coins simply because they either were paid a lot by the team or they knew the trading fees they would rake in would be worth it.  While I understand this to a point I would much rather see things like Helium and some of the DEX tokens like JOE get listed as they have legitimate uses and help increase liquidity

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

Crypto was never about centralization, so these types of exchanges greatly defeat its purpose. It's like returning to the era of banking if you ask me. What we should focus is on improving DEXs in order to beat centralized exchanges for good. Only then, Satoshi's vision will be fulfilled. As long as people continue to patronize centralized exchanges like Coinbase, the industry won't be going anywhere. Who knows how everything will look like in the future as centralized exchanges take over the entire industry? Just my thoughts

[SquallLeonhart]

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

Well, I am also considering that all of this "going public" stuff changed a bit of things as well. There is a bit of a situation where people ended up wanting more and more profits from the stocks they buy and Coinbase used to only care about their own profits and how much they made, and now they have to care about how much their shareholders end up making as well.

I can't be sure that this is the main reason, but it is clear that since they went public (and a bit before that so all of 2021 nearly) they realized that in order to make a lot more money and in order to increase their total networth, they need to have a bigger profit results. This resulted with them getting that listing requirement a lot lower, listed all the shitcoins that had good volume. As long as a coin has good volume, it means Coinbase could make a good profit from it and so will the shareholders.

[jaberwock]

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

You do have a good point on this. It’s quite possible that the reason why coinbase.com has been doing all these is because they are just trying to keep up with the pace. They now see binance.com as a competition and want them to take away all their customers, by having so many coins listed on their platforms. So, they are just adding more and more coins, even the ones that are necessary, on their platform, to be able to keep up.

The Coinbase that I know before usually don’t list so many coins on their platform, they only just provide readers with a few options on their platform, but now they are just listing almost every new coin that is trending in the market. I was even surprised that they listed Shiba Inu on their platform when it was announced on the news. I don’t even see the need of following these trends, because some of these coins usually end up useless.