How to buy Coinbase (COIN) shares in the UK

Learn how to easily invest in Coinbase shares.

Coinbase Global, Inc
NASDAQ: COIN - USD
SOFTWARE-APPLICATION
$224.92
-$1.16 (-0.51%)

Coinbase is a cryptocurrency exchange that was founded in 2012. On April 14 2021 it went live on NASDAQ with a direct listing. Its stock is now publicly available to purchase. Here's how you can buy Coinbase shares.

Where can I buy Coinbase?

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How to buy shares in Coinbase

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: COIN in this case.
  5. Research Coinbase shares. The platform should provide the latest information available.
  6. Buy your Coinbase shares. It's that simple.
The whole process can take as little as 15 minutes.

Coinbase share price (NASDAQ:COIN)

Use our graph to track the performance of COIN stocks over time.

Coinbase shares at a glance

Information last updated 2021-07-09.
Open$245
High$256.99
Low$244.21
Close$253.88
Previous close$244.29
Change$9.59
Change %3.9257%
Volume4,420,738
Information last updated 2021-07-23.
52-week range$208 - $429.54
50-day moving average$233.5032
200-day moving average$254.9833
Wall St. target price$381.73
PE ratio46.6144
Dividend yieldN/A (0%)
Earnings per share (TTM)$4.85
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Invest in Coinbase shares with 0% commission

Other fees apply. Your capital is at risk.

  • Unlimited trades, with no dealing charges or management fees
  • Pay no stamp duty on UK shares (saving 0.5%)
  • Create an account today in a few minutes
Capital at risk

Fees for buying 5x Coinbase shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $200 £4.61
£927.60 total
Capital at risk
Fineco logo £0 No minimum £9.23
£932.21 total
Capital at risk
Freetrade logo £0 No minimum £4.15
£927.13 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.37
£924.35 total
Capital at risk
Stake logo £0 £50 £4.63
£927.61 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £21.19
£944.18 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £21.85
£944.83 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £21.05
£944.03 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Coinbase stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Coinbase price performance over time

Historical closes compared with the last close of $253.88

1 month (2021-06-25) 13.07%

Is Coinbase under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Coinbase's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 47x. In other words, Coinbase shares trade at around 47x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Coinbase's P/E ratio is best considered in relation to those of others within the software-application industry or those of similar companies.

EBITDA

Coinbase's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.7 billion (£1.3 billion).

The EBITDA is a measure of a Coinbase's overall financial performance and is widely used to measure a its profitability.

To put that into context you can compare it against similar companies.

Financials

Revenue TTM $2.9 billion
Operating margin TTM 59.01%
Gross profit TTM $1.3 billion
Return on assets TTM 16.16%
Return on equity TTM 54.2%
Profit margin 36.8%
Book value $26.9
Market capitalisation $59.2 billion

TTM: trailing 12 months

How to short and sell Coinbase shares

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "COIN.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 4.8 million Coinbase shares held short by investors – that's known as the "short interest". This figure is 13.2% up from 4.2 million last month.

There are a few different ways that this level of interest in shorting Coinbase shares can be evaluated.

Short interest ratio (SIR)

Coinbase's "short interest ratio" (SIR) is the quantity of Coinbase shares currently shorted divided by the average quantity of Coinbase shares traded daily (recently around 4.2 million). Coinbase's SIR currently stands at 1.13. In other words for every 100,000 Coinbase shares traded daily on the market, roughly 1130 shares are currently held short.

To gain some more context, you can compare Coinbase's short interest ratio against those of similar companies.

However Coinbase's short interest can also be evaluated against the total number of Coinbase shares, or, against the total number of tradable Coinbase shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Coinbase's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Coinbase shares in existence, roughly 20 shares are currently held short) or 0.0373% of the tradable shares (for every 100,000 tradable Coinbase shares, roughly 37 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Coinbase.

Find out more about how you can short Coinbase stock.

Coinbase share dividends

We're not expecting Coinbase to pay a dividend over the next 12 months. Typically it's companies that have been around for longer that pay dividends (Coinbase had its IPO on 13 April 2021). However, you can browse other dividend-paying shares in our guide.

You may also wish to consider:

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