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https://onchainsummer.xyz
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Tayyab - d/acc
@tayyab
Maybe everyone already knows this and I’m dumb. But USDC purchases are free on Coinbase, transferring to Base with USDC also free, buying crypto on Dex’s has much lower fees than on a CEX with near immediate “settlement”. Why would I ever buy crypto on Coinbase ever again? Is there a misalignment here?
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adrienne
@adrienne
Think coinbase is better at reaching people new to crypto. Coinbase’s target market is likely not someone who knows how to navigate a dex?
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Sinaver
@sinaver.eth
There always be a spectrum in everything, and you would rather capture the whole if you're already established as Coinbase, moving users from one part of the spectrum to another one is easier, as long as its your user base! And I think they're making it easier, like with magic spend )
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↑ j4ck 🥶 icebreaker.xyz ↑
@j4ck.eth
/microsub tip: 428 $DEGEN
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Nat Eliason
@nateliason
They make a ton off of Base transaction fees, so they’re winning either way
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Kieran Daniels 🎩
@kdaniels.eth
Trust. Ease of use. Support. Normies will use Coinbase and advanced users will use the best fee option.
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Chris Powers
@powers
They make money off of people buying USDC. They earn a yield and don't pass it along to stablecoin holders.
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ucung
@ucung
Coinbase who? 🤔💸 11 $WILD
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Bladdy Degen🎩
@bladdydegen
Based knowledge for degens but most retail buyers prefer CEX due to belief of it being safer and they usually don’t understand how crypto wallets work in general
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