According to Investing.com report, cryptocurrency exchange Coinbase Advanced, a platform for professional traders, saw a surge in users and trading volumes in 2024. The Dec. 19 report said trading volumes on the platform rose 191 percent, mainly due to strong growth in derivatives trading, with the number of users up 77 percent. Coinbase Advanced is aimed at experienced traders and charges users a fixed monthly fee in exchange for discounted trading costs, a wider range of order types and analytical tools. Coinbase revealed to Investing.com that derivatives have experienced particularly rapid growth, with trading volumes surging by around 10,950% in 2024.