It is crucial for further adaption that these exchanges launch this type of service. More money has to get into the enviroment for it to be looked at seriously and to cool down the fluctuations. I think Coinbase is for sure the exchange that most people (people just getting into crypto) know off. It is therefore important that this exchange is regarded as safe and respected. This is very good for the crypto world
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In six years of existence, they have never been hacked.
They seem to be well prepared for the job.
This now today be " breaking through ice" and for other stock exchanges.