Genuinely curious

Ticker

1 BTC = $8742.16 USD  (via Coinbase)
1 ETH = $267.50 USD  (via Coinbase)
1 LTC = $114.51 USD  (via Coinbase)
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Kryptous

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So I've been wondering. How companies like coinbase that buys and sell bitcoin in large volumes, deal with volatility. For example, they buy a ton of bitcoin from users when bitcoin is worth $10,000. And then suddenly bitcoin drops to maybe $3,000. Do they simply just try to make profit in other ways to balance it out? Sorry if this is a stupid question. I'm fairly new to bitcoin.

submitted by /u/hardson12
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $8742.16 USD  (via Coinbase)
1 ETH = $267.50 USD  (via Coinbase)
1 LTC = $114.51 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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