Coinbase

3896 New Traders in January | $16.8 CPA with $1380 LTV per trader

3,896

New Traders (January)

$8,129,653

Transaction Volume

$65,455

Ad Spend

$1380

avg. Life Time Value per trader
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Coinbase, a leading cryptocurrency exchange, sought to expand its presence in the Southeast Asian market. They faced the challenge of attracting high-value traders in a region where market penetration was still developing. Leveraging Blockchain-Ads' advanced targeting capabilities, Coinbase launched a successful campaign that resulted in nearly 4,000 new traders and over $8 million in trading volume.

Campaign Overview

The 60 Days campaign focused on attracting high-value traders in the Southeast Asia region. With $65,455 in Ad Spend, it operated on a pre-paid Cost Per Acquisition (CPA) model for new sign-ups. The primary goals of the campaign were:

  • User acquisition
  • Increase in transaction volume

Strategy

The campaign strategy involved using these Web3 targeting parameters on Blockcahin-Ads to identify and push ads to high-value crypto traders, including both whales and minnows.

  • Web3 Audience targeting: ETH Holders, BTC Holders, MATIC Holders, NEAR Holders, SOL Holders, High Value Players, and DeFi Trading
  • Wallet Targeting: Include wallets with frequent transaction activity within the last 90 days and that interact with other exchanges.
  • Chain targeting: targeted profiles using Polygon, Ethereum, Solana, Algorand, and NEAR
  • Portfolio balance targeting: Wallets with $10,000-$100 in balance
  • Geotargeting: Specifically targeted Southeast Asian countries

The campaign utilized compelling hooks to attract potential users:

  • "Join COINBASE Today | Discover How Crypto Works | Earn up to $1,000"
  • "The Most Trusted Crypto Platform | Trade Safely | $130B Assets on Platform"
  • "Protected and Secure | Most Trusted Crypto Platform | Sign Up Now"
  • "Jump Start Your Crypto Portfolio | The Easiest Way to Buy & Sell Crypto"

Results

After a 60-day optimization period, the campaign achieved impressive results:

  • New Traders: 3,896
  • Transactions: 33,303
  • Trading Volume: $8,129,653

See Network Stats
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Company

Coinbase

Campaign Type

Trading-user acquisition

Industry

CEX

Case Timeline

60 Days

Strategy

Buliding custom audience of high value traders based of their on-chain transaction history and highly structured retargeting optimization.

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