Crypto exchange Coinbase's trading volumes surge on retail interest


FILE PHOTO The logo for Coinbase Global Inc the biggest U.S. cryptocurrency exchange is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York U.S. April 14 2021. REUTERSShannon Stapleton

FILE PHOTO: The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton

(Reuters) -U.S. cryptocurrency exchange Coinbase Global Inc on Thursday reported a surge in quarterly trading volumes on a sequential basis as volatility in prices drew in retail traders, but warned that growth would slow in the current quarter.

Trading volumes jumped more than 67% to $547 billion in the quarter ended Dec. 31, with retail trading accounting for 32% of volumes and crypto assets contributing 68% to total trading.

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