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Coinbase shares dip on Q3 results
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finextra.comMeanwhile, the firm reported 7.4 million monthly transacting users, down from 8.8 million in the second quarter. Trading volume was also down, from $462 billion in Q2 to $327 billion in Q3.The exchange had already warned in August that it expected lower trading volumes and users for the quarter because crypto prices were down over the summer.Says the firm in its shareholder letter: "As our year-to-date results have clearly demonstrated, our business is volatile.
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