Wealth flexibility? Coinbase now allows users to share their crypto distribution

The approximately 68 million verified users of the US-based cryptocurrency exchange Coinbase can now more easily disclose information about their investment portfolios.

In a Coinbase blog post on Friday, senior product manager Rishav Mukherji Said The cryptocurrency exchange’s app now includes a feature to share the user’s allocation percentage-not the balance-to their network of friends. He stated that this is just the first step in the coming weeks for users to start sharing more detailed information about transactions on Coinbase.

“We want to enable the crypto economy to share knowledge and information and learn from each other,” Mukherji said.

According to reports, as of the second quarter of 2021, Coinbase has 8.8 million monthly active users, making it the largest cryptocurrency exchange in the United States. Report more than 1.2 billion U.S. dollars In the third quarter revenue. The company’s total profit in the same quarter was 406 million US dollars, a decrease of 74.7% compared with the second quarter.

Related:Coinbase will purchase 500 million U.S. dollars of cryptocurrency and invest 10% of all future profits in digital assets

Social media integration is to a large extent a new initiative by Coinbase, although some people might think that even the public disclosure of the percentage of funds allocated by the main players is also a market indicator.This week, Apple’s CEO and billionaire Tim Cook revealed for the first time that he Hold some cryptocurrency in his portfolio, But he did not specify which type and how many.Other, including Shark tank Stars Kevin O’Leary and I am crazy about money Host Jim Cramer (Jim Cramer) Share encryption percentage Their portfolio.