NexusFi: Find Your Edge

Home Menu


Coinbase trading against customers

Discussion in Crypto Futures

      Top Posters
    1. looks_one rleplae with 1 posts (0 thanks)
    2. looks_two Bloc10Fintech with 1 posts (2 thanks)
    3. looks_3 thw333333 with 1 posts (0 thanks)
    4. looks_4 cmelody with 1 posts (2 thanks)
    1. trending_up 2,751 views
    2. thumb_up 4 thanks given
    3. group 5 followers
    1. forum 3 posts
    2. attach_file 0 attachments

Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now, It is Free
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.

-- Big Mike, Site Administrator

Available coupon codes for premium Elite Membership:
  • If you are a researcher and pay attention to details, you qualify for our 10% discount - "CHARTIST"
  • If you are a veteran or in public/community service, you qualify for 15% discount - "PURPLECHART"
  • If you are 60+ years old, you qualify for our 20% discount - "WISDOM"
  • Discounts are based on the honor system. If we can't trust you to do the right thing, please move along.

(If you already have an account, login at the top of the page)

Search this Thread

Coinbase trading against customers

(login for full post details)
  #1 (permalink)
Atlanta, GA
Posts: 12 since Aug 2018
Thanks Given: 2
Thanks Received: 9

“Coinbase disclosed that almost 20 percent of executed volume on its platform was attributable to its own trading.”

Reply With Quote
The following 2 users say Thank You to Bloc10Fintech for this post:

Can you help answer these questions
from other members on NexusFi?
Can Dump be caught with Algo Trade
Crypto Futures
Resources to help learn about diversification of algo po …
BollingerPro discussion
The Elite Circle
Time and Price Based Horizontal line Indicator - Request
NT8 Historical Data

(login for full post details)
  #2 (permalink)
rleplae's Avatar
Gits (Hooglede) Belgium
Legendary Market Wizard
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 3,003 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,860

My question would be, how much profit did they make that way ?

Was it liquidity providing or directional trading ?

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
(login for full post details)
  #3 (permalink)
Zaanstad, Netherlands
Posts: 19 since May 2023
Thanks Given: 0
Thanks Received: 7

I am not surprised, Coinbase is a shady company. I've used it over the course of the last 5+ years for occasionally dabling in crypto. Then last year when I wanted to get it, I transferred in 25K. Immediately my account got flagged and limited (Couldn't buy or sell anything). Contacted support and they said they would look into it and to wait up to 2 weeks. Well 2 weeks went by and I got an email saying they could not verify the source of my funds (they came from my bank account) and that my account was limited from making deposits or withdrawals going forward. I was pissed. 25K down the drain??? Then over the course of the next week I would try to withdraw every day, and about on day 5 it let me make a withdrawal for some unknown reason, but happily surprised. I got my money out, never will I use Coinbase again!

Reply With Quote
The following 2 users say Thank You to cmelody for this post:
(login for full post details)
  #4 (permalink)
Jupiter Island, FL
Experience: Advanced
Platform: TOS
Broker: TOS
Posts: 37 since Jan 2015
Thanks Given: 67
Thanks Received: 75

The guys that run COIN should be in jail. The execs dumped millions of shares on the IPO tanking the stock. Basically sold into every rally for weeks until the garbage stock is down 80% and nobody wants it. I am one of the fools that bought this stinker and I am one of the thousands who will dump this POS if it ever recovers.

Reply With Quote

NexusFi Trading Community Traders Hideout Crypto Futures > Coinbase trading against customers

Last Updated on May 29, 2023

© 2023 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts