Best places to trade Coinbase stock: it’s on the rise after partnerships with Facebook and NBA
- Today, Coinbase stock (NASDAQ:COIN), is up +0.11 (+0.04%) to trade at $ 305.74 as of 9:33AM EDT.
- Facebook tapped Coinbase for its new crypto project, the Novi digital payments platform.
- Here is a brief guide on the best places to trade Coinbase stock.
Coinbase stock price gathered momentum yesterday (Tuesday, Oct. 20, 2021) after the crypto exchange inked partnerships with Facebook and NBA. Although details of Coinbase’s partnership with NBA are still slim, NBA includes WNBA and other basketball brands
Coinbase will be offering its expertise in building Facebook’s new digital wallet product, the Novi digital payment platform that shall run on the Pax Dollar cryptocurrency.
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Best places to trade COIN Stock
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What is Coinbase stock?
Coinbase stock is the stock of Coinbase crypto exchange and it trades on NASDAQ under the symbol NASDAQ: COIN.
Coinbase is a US-based cryptocurrency exchange and it is one of the largest exchanges by daily trading volume.
It is also the first cryptocurrency exchange to be publicly listed on the stock exchange
Should I buy the COIN stock today?
The COIN stock has been on an exponential rise since it was unveiled and it is still a good time to buy it since its price is expected to continue rising especially following the new partnerships that Coinbase has inked with Facebook and NBA.
COIN stock price prediction
The price of the COIN stock is expected to continue rising into the future especially following the growing adoption of cryptocurrencies around the world and the partnerships that Coinbase is continually winning with other large corporations.