32 Coinbase Interview Questions & Answers
Adaptability
1. We're looking for fast learners to join our team at Coinbase. How long will it take you to make a meaningful contribution?
Why the Interviewer Asks This Question
While hiring managers understand that you will need some time to get up to speed in your role, you should convey to your interviewer that you're ready to hit the ground running on day one. Coinbase has a high-profile reputation to maintain in the crypto world and wants to ensure that its employees will help the company grow. As such, hiring managers are looking to hire the best of the best to maintain Coinbase's positive company reputation. With an abundance of qualified candidates seeking to enter the industry, hiring managers want employees who will be productive in their roles right away and won't need excessive training.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I plan to make an impact as soon as possible at Coinbase. I've already researched this position and have all the requisite skills outlined in the position description, along with proficiency in other relevant skills that I think would be useful in developing the (XYZ) project at Coinbase. As you can tell, I'm incredibly eager to get started, which is why I have created a 90-day impact plan that I would like to share with you. After that, I'm interested in hearing from you if there are any additional actions that I haven't included that I could take in the first week to be successful in this role."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I plan to be productive from day one and am incredibly eager to get started. Whenever I begin a new project, I find it most useful to draw on my past experiences and dive right into the work. I don't let fear of challenges stop me from learning on the go and problem-solving in real-time to successfully complete projects, even if I don't have all the information or background knowledge. If given the opportunity to join the Coinbase team, I would be excited to jump right into it and begin making meaningful contributions to the team."
Written by Rachel Hills on February 11th, 2022
Behavioral
2. We encourage innovation at Coinbase. When have you created something from scratch in the workplace?
Why the Interviewer Asks This Question
Repeatable innovation is a key component of Coinbase's company culture. Think about a time you took the initiative to build something professionally, clearly outlining the steps you took to do so. Highlight how you leveraged technology, if relevant, and explain how you would contribute to Coinbase's culture of innovation if hired.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"In my previous role, I coded a new software program that went on to be a key component of our customer management system. Doing so required me to put in work above what was expected of me, but it was a project that I was passionate about, so I had no problem doing so. Further, I took the lead on deploying the new software by conducting training and serving as the point person. This project was a huge success at my company, and I look forward to contributing to building something from the ground up at Coinbase if given the chance."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I'm most proud of the Equity & Inclusion Committee I worked to build with a team member at my current company. Such a committee did not exist previously, so it required extensive planning and research to build it from the ground up. However, employees received it well, and there are currently 10 active members. We've engaged in meaningful projects and are growing."
Written by Rachel Hills on February 11th, 2022
Behavioral
3. At Coinbase we have a high tolerance for failure and invest 10% of our resources in venture bets. How comfortable would you say you are with failure?
Why the Interviewer Asks This Question
If you've ventured into the crypto space professionally (or in your own investments), you likely have some degree of comfort with volatility and risk-taking. Convey that you have a tolerance for failure using a professional or personal example. While you don't need to be the biggest risk-taker out there, it's important to show that you can bounce back quickly to overcome adversity.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I spent the first four years of my career in venture capital, where I became quite comfortable with risk-taking and experienced failure more times than I can count. I learned that while it was crucial to prepare adequately to make an important decision, it was even more important to trust my gut and take a chance on a company sometimes. Doing so was incredibly beneficial for my team in multiple instances. I think it's truly inspiring that Coinbase has fostered such an innovative community that is not afraid to take risks."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I'm learning to become more comfortable with failure. During my time in college, I was a huge perfectionist and spent too much time working to get a minute detail just right for an assignment. I've learned that it's in my best interest to avoid such perfectionist tendencies and become comfortable with the potential for failure, whether that's by taking on a lofty goal or trying out a challenging project."
Written by Rachel Hills on February 11th, 2022
Behavioral
4. What is your greatest weakness?
Why the Interviewer Asks This Question
This common interview question is an opportunity to demonstrate self-insight. Give an honest answer with a real weakness you have been focusing on and describe the plan you've put into place to work on it. Make sure the weakness isn't a core competency of the Coinbase job description. If it's an analyst role, revealing logical reasoning skills as a weakness likely won't get you far. Reflect on traits you want to work on but won't affect overall job success.
Honesty and self-awareness are key for this question. Interviewers have heard it all and will see through phony attempts to present a trait as a weakness when it's not a weakness.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I've been working on finding my voice when meeting with upper-level management. While I know the ideas I bring to the table are valuable, I've always been on the introverted side and struggle to put myself out there, especially when talking to people in positions of authority. So I have been working on feeling more confident when I pitch ideas in these meetings. This has been my primary area of focus for improvement in the last few months, and one of my colleagues even recently commented that he had noticed a difference in the frequency of my contributions."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I take a lot of pride in the work I do and often struggle to delegate tasks to other members of my team. Even though I trust my coworkers and know what fantastic work they do, I've gotten in the habit of seeing tasks through from start to finish. I got to a point where this was no longer feasible with the new responsibilities I had taken on, so I've been working on feeling more comfortable asking for help from my colleagues when I need it. While this weakness is still a work in progress for me, I've learned how important it is to communicate effectively with and rely on my team."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"I have always been hands-on and as I started to take on leadership roles I wasn't great at delegating,"
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Ok! This is an honest admission and a good weakness to mention because it can be seen in a positive light. Consider rewording your answer like below:
"I would say that my greatest weakness is being a little too hands-on at times, which makes it challenging for me to delegate. I realize that I need to trust others and that I can't do everything myself; however, it's very important to me that the job gets done right. Sometimes in my quest to ensure a positive outcome, I find it hard to delegate. To overcome this weakness, I have been asking colleagues for their feedback and input more frequently and asking questions when they do something different than I would have so I can understand and learn from them. I also frequently remind myself that if someone - a team member or even myself - make a mistake, it's an opportunity to learn. While I will always be someone who takes ownership and enjoys being hands-on, I have learned over time in various leadership roles that it's essential to delegate and trust my team members."
Behavioral
5. What is your greatest strength?
Why the Interviewer Asks This Question
Demonstrate your self-awareness by pointing out a strength that you've honed over the years. Discuss a skill that is directly relevant to the role you're applying to at Coinbase. Having a tangible example will strengthen your answer.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"My colleagues often comment on my communication skills. They appreciate that I'm true to my word and follow up with questions if I'm not sure about something. I'm not afraid to ask clarifying questions and discuss next steps and deadlines to make sure everyone is on the same page."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I have been told by previous supervisors that I show initiative in my work. I proactively work to sort out problems when they arise and work effectively in a team when necessary to fix an issue. During an end-of-year review with my boss last year, she commented on how much she appreciates the initiative and leadership I show when a stressful situation pops up."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"Throughout my career I have been told that I take the initiative, I'm great at solving complex problems and pivoting without getting unnerved. I summarize these strengths as taking ownership, I've always been willing to take ownership and step outside of ______ to ensure we deliver for the firm's goal."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Nice! It's great how you connect your strength with one of the qualities the company is seeking in a candidate. Can you provide an example of a time when you took ownership?
Behavioral
6. We have an intense work culture at Coinbase. How do you keep yourself motivated in the workplace?
Why the Interviewer Asks This Question
As an employee at Coinbase, it will be on you to earn the respect of your colleagues and demonstrate that you deserve to be in your position. To thrive in this intense work culture, you must develop solid strategies to maintain your intrinsic motivation. You should have a strong personal motivation to succeed at Coinbase, and your interviewer is asking this question to see what makes you tick.
While good pay, top-notch benefits, and the reputation that come with a tech career may all be motivators, don't focus on these aspects in your answer. Rather, focus your answer on factors mostly removed from these external factors.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I find that I work best in an intense work culture surrounded by hard workers who get the job done rather than simply talk about ideas. I know this to be true of Coinbase. Finding motivation in this field has never been a problem for me, as I firmly believe in the power of cryptocurrency to democratize the global financial system. This belief forms the backbone of my work and keeps me motivated."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I set my sight high on goals, whether short or long-term, and don't slow down until I've reached what I've set out to do. This strong sense of motivation coupled with a diligent work ethic has contributed to my academic and professional success over the years. I regularly check in on my progress towards my goals, so I would say that self-improvement, both personally and professionally, is my biggest source of motivation."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"I want to work in a fast-paced intense environment with the best people, I don't want to just clock in and clock out. I set myself high goals, and don't slow down until I've reached what I've set out to do. This strong sense of motivation coupled with a can-do work ethic has contributed well to my professional success over the years. Crypto is fast-paced, and the rate of innovation is amazing I want to join a Company like Coinbase that is at the forefront."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Your passion shines through in this response, which is great. Good job! You appear genuine in your desire to work in a fast-paced, intense environment. Don't forget to directly answer the question about how you keep yourself motivated, however. You might discuss how you'll remember the impact you're making, break up projects into smaller tasks so you don't get overwhelmed, set deadlines to spur urgency, celebrate wins, and be open to doing things outside of your comfort zone.
Behavioral
7. A key component of our culture at Coinbase is to act like an owner. Tell me about a time that you took ownership of a project.
Why the Interviewer Asks This Question
Coinbase wants to add individuals to their team who will see projects through from start to finish. This means taking responsibility for any hiccups along the way without placing the blame on others. Use a strong example of a professional experience to outline the process you took to make a project your own. Highlight the quantifiable results of your actions, if possible, and demonstrate that you are a trustworthy project lead whose work has an impact.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"In my previous position, I took over as the client lead for one of our most profitable but demanding clients. While there were various people on my team contributing to projects for this client, I adopted the mindset that any failure to reach full potential ultimately landed on me, as I was the group leader. This helped me to maintain diligence and an eye for detail when working on client tasks. Client profitability increased by 22% in that first quarter as client lead."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"A few years ago, I created my first app. I strongly believed in its mission and the good that it could do within its niche, and I spent hours each day perfecting the code and working out bugs. A month ago, it reached 50,000 downloads, which is something that I would have never thought possible at the time. To this day, it gives me great pride to reflect on all of the hard work and planning I put into developing it and the impact it's had in its field. As I was the only individual working on the app, I had to take full ownership of every decision made, which required careful planning and thoughtful decision-making."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"In my previous role, we had a regulatory exam and nobody wanted to take ownership of the coordination. The room was full of people saying "it's not my responsibility", I took ownership because we are a team and the outcome of this exam will define how we succeed as a team going forward. I reprioritized my workload, leveraged my team, and delivered the coordination resulting in a successful pass of the exam."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Nice! What was the regulatory exam for and why was it important that your team passed it? Additionally, can you talk more about how you led your team to success?
Behavioral
8. At Coinbase we seek to hire leaders. Tell me about a time when you took the initiative to improve work-related procedures.
Why the Interviewer Asks This Question
This question is the perfect opportunity to demonstrate your sense of initiative and creativity. Think about a time you proposed a change in the workplace that led to positive effects. It's okay if it was only a small change, especially if you are early on in your career.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I was able to present and implement one specific change in the office this past year. It was a recycling program that I felt was very important, even for our smaller office. We had significantly less waste after my initiative was implemented, and I enjoyed seeing others take pride in helping our environment."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I recently made suggestions to my manager about the team messaging application we used. I found a team-based app that offered a lower monthly cost with added features. He took the suggestion, and it has worked well for our team! The company was happy with the cost savings as well."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"It currently takes 6 weeks to issue client communications. I felt this was hugely inefficient both from a time and resource perspective and resulted in a poor client experience. I drew the process out then I pulled my team together and challenged on how we could improve the process. We implemented a process that was repeatable rather than bespoke resulting in a reduction to 2 weeks."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Awesome! Six weeks definitely seems like a long amount of time, and it's great that you were able to reduce it to two weeks. What exactly did you change in the process to reach this end result? Adding more details will make your answer more memorable to the interviewer. Great job!
Behavioral
9. Tell me about a time you received negative feedback.
Why the Interviewer Asks This Question
How you respond to criticism speaks volumes to your ability to handle failure and use it as an opportunity to improve professionally. Give a specific example that shows your capacity to learn from your mistakes and improve in the face of criticism. Make sure your example is NOT a huge error or lapse in judgment that will reflect negatively on you. Focus mostly on your tolerance for adversity and emphasize the strategies you've developed to push through challenging situations in the workplace.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I can think of one client project that did not reach my usual high expectations. At the time, my team was overstretched in the scope of our work, and we did not devote sufficient time to the project. The client was not satisfied with the outcome, and we received negative feedback from their team. As the client lead, I took ownership of this failure and set up a meeting with my supervisor to discuss the mistakes made along the way, and we worked together to make a concrete plan to improve project management in the future. I now consider project management one of my strengths and learned a great deal about what not to do from this experience."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"A few months ago, I created a project proposal that did not address the root questions that needed to be addressed. I had to completely redo the proposal per my supervisor's feedback. From this failure, I learned the importance of open and direct communication from the start of a project. I realized that I didn't ask sufficient and clarifying questions from day one, and as a result, various miscommunications led to a proposal that missed the mark. I worked quickly to address my mistake and came up with a proposal that satisfied the client's goals. Overall, I feel confident in my ability to handle negative feedback as it helps me to improve professionally."
Written by Rachel Hills on February 11th, 2022
Behavioral
10. At Coinbase we value organization. Tell us about a time you were particularly effective in prioritizing tasks and completing a project on schedule.
Why the Interviewer Asks This Question
While there is no right or wrong way to maintain organization, the interviewer needs to hear that you have a plan in place to keep yourself organized and hit deadlines. Give an example of a particularly time-consuming or complex project you were involved with. Highlight the organizational skills that allowed you to complete the project. Finally, point out the impact of your work.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I was recently involved with a project that required 30 hours of work over two weeks while I was in the middle of several other projects. Rather than feeling overwhelmed, I dove right into the project. I made a to-do list and mapped out the deliverables day-by-day with associated deadlines. I prioritized tasks by how crucial they were and spent the first few hours of my day knocking out those particularly high-impact items. I completed the project by the deadline, and upper-level management even reached out to commend me for completing such a lofty project in a short time."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Last week, I was asked to lead our team while our manager was away. I created a checklist of things that needed to be completed to reach our deadlines. I gathered the team to discuss our goals and asked for input and ideas to get us there. It was a great experience for me. Not only was I able to exercise my leadership capabilities, but I was also able to learn more about my team members and reflect on my goals for professional growth."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"I deal with this on a day-to-day basis, I have to be able to pivot on the fly to deal with issues as they arise whilst also maintaining focus on long-term objectives. I plan a lot as failing to prepare is preparing to fail. Recently I had a request at short notice to send out comms, so I looked at the due date and the time to complete the task, looked at my plan, communicated the priorities that could be pushed out, and reprioritized my team to work on the comms."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Can you explain more about what you do in your current role so it's easier to understand why you're constantly pivoting? Otherwise, you provide a good example of a time when you had to reprioritize tasks to get a project done on time. Don't forget to include the end result. Did you get the comms out in time? How exactly did you change your team's priorities to get it done? Good job!
Behavioral
11. You will encounter change regularly at Coinbase and within the crypto industry. Give me an example of a time when you had to change a major component of your project due to the introduction of new information.
Why the Interviewer Asks This Question
The crypto industry is ever-changing, and being able to think quickly and adjust the focus of a project is a necessary skill for success at Coinbase. Talk to the interviewer about a time you had to adjust a project in a significant way because of a change. Emphasize your ability to effectively manage change, problem-solve, and work with a team to put an adjusted plan into motion.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I had a large project last month that was nearly complete when the client called to say that the dimensions provided were incorrect. Because of this, our team had to re-do the entire proposal. It took us an additional four days of work, but in the end, the client was delighted with our work, and it resulted in new opportunities with them."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Last year, we saw new regulations from the SEC that affected 80% of our ongoing projects. We had to adjust our plans quickly to keep up with our clients' initiatives. However, we were able to deliver timely products that met the SEC regulations. Through that experience, I learned the importance of remaining open to change and addressing challenges as soon as they come up, which I hope to bring to the Coinbase team."
Written by Rachel Hills on February 11th, 2022
Behavioral
12. At Coinbase we value ongoing learning, offering our clients various resources to learn more about cryptocurrency trading. In what way have you furthered your education as a professional?
Why the Interviewer Asks This Question
There are multiple avenues you can take to answer this question successfully. You can discuss an opportunity in which you've taken the initiative to further your industry knowledge or skills, or you could give an example that is only tangentially related to the world of crypto but that demonstrates your motivation to learn new things. For example, you may have recently chosen to learn a new language or improve your programming skills. In your answer, explain that you value continuous education and professional development just as Coinbase does.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I take my own personal and professional development very seriously. It's important to me to avoid stagnation in my career. Most recently, I've opted to participate in a 50-hour blockchain course and am about halfway through it. So far, it's been incredibly useful and has given me a wealth of resources. I'm just getting started on my crypto journey and am looking for every opportunity I can get to develop a solid foundation in this space."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"As a digital marketing professional, I work very little with coding directly. However, I've found that the more I learn about it, the better I can communicate and collaborate with engineering teams on more technical projects. Thus I've spent the past six months learning Java and Python and am already starting to see improvements in my effectiveness as a marketer."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"Throughout my career I've challenged myself to learn, whether that be through professional financial qualifications, seeking out mentors, or working with start-ups. Recently I completed a Master's in Digital Innovation focusing on cryptocurrency which really improved my knowledge. I'm also inquisitive, I wanted to learn about Ethereum so I created my own token."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Excellent! It definitely sounds like you've done a lot to continually further your education. Can you provide more details about the professional financial qualifications, mentors, and start-up work you mention? Otherwise, the interviewer will undoubtedly be impressed by your Master's degree that focuses on cryptocurrency and how you created your own Ethereum token. Great job!
Behavioral
13. Tell me about the most interesting project you have worked on this year and the biggest thing you learned from it.
Why the Interviewer Asks This Question
A key aspect of Coinbase's culture is continuous learning. Demonstrate to your interviewer that you value continuous growth and learning opportunities by discussing a recent project that particularly piqued your interest. Maybe it put you out of your comfort zone professionally had a far-reaching impact. Reflect on what made the project meaningful and what you took away from it.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"In my previous role, we worked on a variety of projects with fingerprint recognition software. One of the most interesting projects was a fingerprint-based ATM system. It was a test project for a large banking institution. In addition to learning a great deal about fingerprint recognition, I was also able to learn a lot about the critical relationship between software and security."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I found a majority of the projects I worked on this past year interesting. If I had to choose one, I would choose the opportunity to develop the Uber app with a team of software developers. This has been the most meaningful part of my internship with Uber, as I learned a lot about on-demand apps and building a friendly user interface."
Written by Rachel Hills on February 11th, 2022
Communication
14. We strive for direct and succinct communication in the workplace. Tell me about a time you explained a complex idea in simple terms.
Why the Interviewer Asks This Question
Albert Einstein once said, "If you can't explain it simply, you don't understand it well enough." Your interviewer is asking this question to get a sense of your personality, communication style, and ability to explain complex concepts in simple terminology.
The first component of Coinbase's culture is 'clear communication,' which highlights how important this value is to the company. Active listening is also an important aspect of this pillar. Demonstrate your capacity to do both effectively.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I strive for a straightforward and concise communication style with clients and colleagues. In my previous role as a financial advisor, I focused on listening to my clients and their most pressing financial needs and goals. I made an effort to echo their language and avoid esoteric ideas that I knew wouldn't be relevant to what they needed to hear. Above all, I ensure that my tone is never patronizing towards clients or colleagues. I often learn something new from those I work with and place great value on hearing their input."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"To communicate effectively, I strive to convey the essence of an idea in simple terms rather than deep-diving into the details of more technical matters. I've found this to be an important component of humility within the crypto industry. Furthermore, If I'm having trouble explaining a new concept in simple terminology, I've found that it usually means that I have more research to do myself. I place incredible value on continuous learning within the industry via publications, newsletters, podcasts, and conferences. Keeping myself educated allows me to explain complicated ideas in a way that makes sense to people outside of the industry."
Written by Rachel Hills on February 11th, 2022
Communication
15. Active listening is important to our team culture at Coinbase. Tell me about a time your listening skills helped you solve a problem.
Why the Interviewer Asks This Question
Your interviewer asks this question to get a better sense of how you will operate in a team and interact with your coworkers in Coinbase's 'winning team' environment. This question is particularly relevant for those who will serve in a client-facing role. In this setting, active listening is key to maintaining successful and long-term client relationships. Your interviewer knows that listening is a valuable yet challenging skill that takes time and effort to improve. Give an example that demonstrates how you avoided miscommunication and worked towards a goal by using your listening skills. This means giving the speaker your full attention and asking clarifying questions to check your understanding.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"My boss asked me to manage a project that involved various tasks I had never done before, including running new reports that would aid in solving a consistent customer problem we had encountered. After my boss communicated the main issues clients were experiencing, I made sure I understood what she needed of me by asking straightforward questions that got to the crux of the issue, including 'So what you're asking is...?,' 'Do you mean that you need me to do (X)?,' and 'What do you think about (X) approach?' When navigating new territory, I found it helpful to include active clarifying questions in my listening approach. I jumped on the project right away, and my boss was impressed with the solution I designed."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I worked with a client awhile back who was extremely difficult to please. She was worried about her company's marketing efforts, and previous colleagues on my team were unsuccessful in satisfying her. I set up a few one-on-one meetings with her where I learned that she did not feel like she was being heard on her team or in these meetings with my colleagues. Thus, I made it my primary goal to engage in active listening with her and carefully address each of her concerns. Ultimately, we had a great working relationship, and her satisfaction increased drastically over the course of a few months."
Written by Rachel Hills on February 11th, 2022
Compatibility
16. What is appealing to you about this role with Coinbase?
Why the Interviewer Asks This Question
The interviewer wants to know what you are looking forward to learning and experiencing in this new position. A career with Coinbase has the potential to challenge you and help you grow and expand your skillset. Talk about what excites you about this position, making sure you hone in on Coinbase specifics.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"My professional passion and expertise lie in the NFT space, and Coinbase is the industry frontrunner for buying, selling, and managing these tokens. I'm beyond excited about the opportunity to work with the best of the best in NFTs, as I know that Coinbase team members are among the most talented and accomplished in the crypto world. While there are many reasons I'm drawn to this role, the people and the culture of innovation are the most appealing to me as I seek to progress in my career."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I am looking forward to getting more experience in UI and feel that Coinbase's engineering team is the best place for me. You have a great reputation for creating beautiful, seamless interfaces, and I look forward to being a part of such a creative team."
Written by Rachel Hills on February 11th, 2022
Compatibility
17. Both skill and cultural alignment are important to us in hiring new talent. Do you think you would be successful in Coinbase's culture?
Why the Interviewer Asks This Question
Before you get to your interview, you should be well-versed in Coinbase's company culture. Utilize the resources available to you to research their culture thoroughly, whether through their website, internet forums, or your connections. To be successful in a role with Coinbase, it's critical that you not only hold the requisite skills but are a good cultural fit, too.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I'm well aware that your culture at Coinbase centers on hard work, innovation, and acting as a winning team instead of a 'family.' I feel confident that I would fit into this company culture with ease. I'm especially drawn to this idea of driving innovation as a championship team who holds team members to the highest of standards."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I have no doubt in my mind that I would thrive in Coinbase's collaborative and hard-working culture. From what I've heard from my professional connections who work at or partner with Coinbase, the company culture is intense but incredibly rewarding. I want to work for a company that is results-driven and focused but also leaves room for fun and camaraderie, and I think that Coinbase would offer the perfect balance."
Written by Rachel Hills on February 11th, 2022
Direct
18. At Coinbase, we take pride in our ability to stay one step ahead of our competitors. How will you contribute to this trend?
Why the Interviewer Asks This Question
It's no secret that Coinbase is the leading crypto platform, and maintaining this position amongst its competitors is no small feat. To answer this question effectively, ensure that you've spent sufficient time researching Coinbase and its competitors, focusing on the traits that set Coinbase apart from its competition. Speak openly with the interviewer about your ability to work competitively and how you plan to contribute to their continued success on an individual level.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"You are, of course, the leading crypto platform and have done this by offering unmatched customer support, UX, and marketing. I believe the best way to stay ahead of your competitors is to pay close attention to minute details. When you put out a great product, others will try to mimic your work, but they will cut corners because they will feel rushed to get it out on the marketplace first. I will contribute to the success of Coinbase by providing my most attentive work every day."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I think that the best way to stay ahead of competitors is to keep your projects as simple as possible while remaining innovative. People want simple, easy products they can understand. I've noticed that, lately, the competitors overcomplicate their products. I offer clean and consistent work that will help drive innovation at Coinbase."
Written by Rachel Hills on February 11th, 2022
Direct
19. Looking at our products and services, what do you think we do better at Coinbase than any of our competitors?
Why the Interviewer Asks This Question
Coinbase is an industry leader among crypto platforms, so you should have no problem coming up with at least two or three concrete things that Coinbase does better than anyone else in the industry. Before your interview, think about what you know and like about Coinbase's platform and company initiatives. Ensure that you are also well-versed in what their competitors offer.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"What stands out to me the most is the fact that you've opted to insure your platform in case it is hacked. While I understand that you take your platform's security very seriously and this scenario is unlikely, I think the trust that you've earned from your clients by doing this is truly unparalleled. Many platforms do not provide this same insurance."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Your crypto offerings are among the most comprehensive in the industry, offering over 100 different options for your platform users. This is a huge plus in my opinion, as it's important that clients feel like they have autonomy and options in their trading decisions. Further, the educational opportunities you provide your clients are quite impressive to me. Crypto is still a relatively new and developing field, and I think it's crucial to provide users with as many resources as possible. Many of your competitors do not do this, or they fall short in comparison."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"Your approach to how you deliver your offerings is best in class, platforms like _____ are overly complicated given that crypto can have a steep learning curve. It stems from understanding the customer, a first-time customer can buy simply through an intuitive app experience, and as they gain experience move onto Coinbase Pro.
Then you have targeted institutional clients, and I believe that is where the next big growth phase will come along with Private HNW clients.
Lastly I would say how you engage with regulators and the general openness through the blogs for example the recent discussion on content moderation."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Awesome! Your answer shows that you clearly understand what differentiates Coinbase from its competitors. You have provided several solid examples and fully explained them. The interviewer will appreciate how thorough your response is and how much you know about the company. Excellent!
Discovery
20. We seek to hire highly ambitious people. Where would you like a career with Coinbase to take you?
Why the Interviewer Asks This Question
Coinbase seeks to hire the best of the best talent out there. The interviewer asks you this question to get a sense of your professional motivation and ensure that your level of ambition will align with Coinbase's company culture. Discuss your career ambitions as they relate to this role and Coinbase as a company, emphasizing your desire to advance in the role. If you aspire to a manager-level position or seek to increase the number of people you are currently managing, share that with your interviewer. This question is also a great opportunity to ask about opportunities for advancement at Coinbase.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"One of the reasons I was so excited to interview with Coinbase is because of the many growth opportunities you offer your high-performing employees. I'm quite competitive with myself and think I would be motivated by this structure and the opportunity for growth. My biggest ambition is to be awarded a management role in the next three to five years at Coinbase. What's the typical progression for members of this team?"
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I looked at your online job board to see what types of growth opportunities were available with Coinbase. One role that stood out to me was the Director of Market Intelligence position. Once I have grown with Coinbase's marketing department for a couple of years, I would like to seek to advance in my role and eventually work my way up to a position similar to that. I'd like to learn more about what I can do to prepare myself for that role."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"I want to be a leader in building the future of the financial system and the crypto-economy and I believe Coinbase is the industry leader and has the best people. I want this opportunity to first help Coinbase grow and I believe Coinbase is the right place to do this. This role I hope will lead to bigger leadership opportunities, perhaps establishing new markets and new products."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Fantastic! This answer is very strong. It shows your enthusiasm and ambition. It also speaks highly of the company which the interviewer will appreciate. Do you want to one day manage others? If so, you might incorporate this desire into your response as well. Excellent job!
Discovery
21. Culture fit is important to us at Coinbase. How would you describe your personality?
Why the Interviewer Asks This Question
Cultural fit is a huge part of Coinbase's hiring decisions. They openly state on their website that they look not only for skills but also culture alignment when deciding whom to hire. Before your interview, research Coinbase's culture by reviewing their website, reading online forums or resources, or speaking to people who work or have worked for Coinbase.
To get you thinking, here are some example traits you might include in your answer:
- Adaptable
- Considerate
- Diligent
- Intuitive
- Persistent
- Resourceful
- Sincere
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I would describe my personality as approachable, light-hearted, and positive. I believe that, if asked, my colleagues and supervisor would say the same about me. If given the opportunity, I believe I would thrive in Coinbase's 'winning team' cultural mentality."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I would say that above all, I'm quite motivated and persistent as a person. I do not stop until I've reached a goal that I've set for myself, no matter how lofty."
Written by Rachel Hills on February 11th, 2022
Discovery
22. Who inspires you?
Why the Interviewer Asks This Question
The interviewer asks this question to learn more about you on a personal level and what you value most highly. Your inspiration can come from a book, a mentor, a family member, a celebrity, an author, or someone from a previous job. There are no wrong answers here, but you should aim to avoid cliches or pointing to an individual from who you don't, in reality, draw inspiration.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"The person who has most greatly inspired me is my older brother. He was the one who introduced me to crypto in the first place, and we've worked together over the years on various work-related endeavors and personal projects in our free time. He introduced me to the concept of putting 80% of your effort into the 20% that will get you the biggest impact. It's completely changed the way I do work and think about projects. I was first drawn to Coinbase when I learned that this concept is a crucial part of your team culture!"
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"It's hard to choose just one person as I draw inspiration from many individuals in my life and history and popular culture. If I had to choose one, I would say Bill Gates. I've closely followed his career and am incredibly inspired by his philanthropic work, having given away billions of his fortune to education, climate action, COVID-19, and global health initiatives. He's taught me the importance of taking risks, both professionally and personally."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"To avoid the cliche it is my dad who inspired me, he is an engineer and he instilled in me my inquisitive nature, and also the importance of taking ownership of all aspects of a job even if it is outside of your remit. This is a trait that has served me well in my career, as I will always take ownership, and it's important that at Coinbase this is part of your mission."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Nice! It's great that your father inspires you and that he instilled in you both curiosity and accountability. How have both of these traits benefited you throughout your career thus far? Can you mention a few specific examples? You could also talk about exactly how your dad taught you about these qualities; what did he do to show you that curiosity and taking ownership are important?
Discovery
23. Tell me about your greatest work-related accomplishment.
Why the Interviewer Asks This Question
Discussing your most significant accomplishment will allow the interviewer to dive more deeply into your professional background. It will also show the interviewer more about your personality, how you like to be motivated, and what you value personally and professionally. It is okay to brag a little bit when answering this question. Demonstrate that you are proud of yourself and your career accomplishments and that you would take this same sense of pride in your work to a new role with Coinbase. Point to a specific, relevant example that highlights the impact you made on a project.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"The greatest accomplishment in my career was graduating college as an honors student while working full time in a related field. I graduated at the top of my class while receiving high-performance reviews at my job. This accomplishment showed me that I could dedicate myself to my career and education while reaching the goals I set for myself. It felt great to accomplish so much and be recognized for my dedication."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"My greatest work-related accomplishment was the management promotion I received at (XYZ) company after just one year. I worked hard for that promotion and was so happy when my work and dedication were rewarded. It kick-started my career."
Written by Rachel Hills on February 11th, 2022
Discovery
24. In your opinion, what has been the biggest advancement in technology this past year?
Why the Interviewer Asks This Question
Show the interviewer that you have an invested interest in the tech industry by discussing your thoughts on recent advancements. Be sure to include how you stay up-to-date on industry changes and new technology.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"There have been so many great advancements in technology this year. Recently, I read an article by MIT Technology Review and was amazed at the incredible advancements this year. The one that stood out most was the exponential progress we've made within AI over the past year."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"In my view, the most impressive advancement in technology this past year has been the advancement of big data analytics. We are learning more and more about our customer base through analytics. While it's a great responsibility to ensure customer data remains secure, it's also an incredible opportunity to provide customers with what they most want or need."
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"Ironically I think it has been the Metaverse despite the concept not being that new at all. In the crypto space, in the mainstream media, it has definitely been NFTS, but behind the scenes, I think WEB3 protocols and platforms like Solana and the decentralization of the internet is the real advancement."
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
Nice. You have provided several good thoughts here. Can you delve further into why you think the Metaverse is the biggest technological advancement this year? How will it impact us? You could also talk more about NFTs, WEB3 protocols and platforms, and the decentralization of the internet - remember, the more details you provide, the better!
Education
25. Walk me through your post-secondary education and training. How do you feel it has prepared you for this role with Coinbase?
Why the Interviewer Asks This Question
While your post-secondary education is likely on your resume, the interviewer would like further details about your accomplishments or experience in general. Perhaps you graduated at the top of your class or received special accolades or recognition while pursuing your degree. You can even discuss an industry-relevant course you found intriguing or that sparked an interest in the field.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I completed my Bachelor of Applied Technology from Carnegie Mellon University in 2004. During that time, I specialized in data management and analysis, which taught me how to grasp abstract data models to effectively help drive better decision-making for my team at Coinbase. Additionally, my capstone project helped me sharpen my teamwork skills and ability to work with a variety of perspectives."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I hold a bachelor's degree in finance with a minor in computer science from Penn State. After graduating, I moved to New York and spent two and a half years in IB with (XYZ) Bank. During that time, my interest in crypto slowly developed, and I began spending my free time learning all that I could about this space and trading. I feel that my formal education gave me the hard and soft skills I needed for success in IB and to be successful in this role with Coinbase. Above all, my education and early career were both quite demanding, and I learned how to effectively prioritize tasks and work under pressure."
Written by Rachel Hills on February 11th, 2022
General
26. Do you have any questions about this job or working for Coinbase?
Why the Interviewer Asks This Question
Many candidates feel that by saying they do not have questions, they show that they have researched the job and fully comprehend the requirements. Don't fall into that trap. By asking an insightful question, you show the interviewer full engagement and interest. However, be sure that your queries are not mundane or redundant. The last thing an interviewer wants to hear is a question that can be easily answered with simple research.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"While I've already shared with you the 90-day plan that I've drawn up to ensure that I'll hit the ground running, I'm curious to learn more from you about any steps in particular that you think I could take to be successful in this role. Are there any specific actions not encompassed by the position description that you think are important?"
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Thank you for asking! Can you explain more about the opportunities for growth at Coinbase? What is the typical career trajectory for this role?"
Written by Rachel Hills on February 11th, 2022
User-Submitted Answer
"Thank you, what is the biggest challenge the business is currently facing in Ireland? Where do you see I could add the biggest impact on day 1?"
Written by an Anonymous User
Our Professional Interview Coach
Marcie Wilmot Reviewed the Above Answer
These are great questions to ask because they are specific and thoughtful. Good job!
Leadership
27. We want to hire people at Coinbase who have the potential to grow into leadership roles. What leadership or supervisory functions have you fulfilled in your most recent position?
Why the Interviewer Asks This Question
Speak openly about the level of responsibility you hold in your current position, keeping in mind that leadership can come in various forms and is not limited to formal, supervisory roles. While you may not lead a team or manage others yet in your career, you should be able to discuss a time you led a project or showed initiative in a particular endeavor. If you do have formal managerial experience, be as specific as possible when describing it.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"Currently, I supervise 12 employees with an overall portfolio responsibility of $24M. In my previous role, I managed 23 employees but with a smaller portfolio of $6MM. I feel comfortable handling a large range of employees and have enjoyed the mentorship opportunities these leadership positions have offered me."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Although I did not officially supervise anyone in my most recent position, I always had my eye out for opportunities to lead or mentor the junior staff. I volunteered in a company-wide program that pairs new hires with employees who have been at the company for at least a few years. I appreciated having the opportunity to get lunch with a new hire every week and share advice with him as he settled into the new role."
Written by Rachel Hills on February 11th, 2022
Salary
28. What are your salary expectations?
Why the Interviewer Asks This Question
Interviewees often feel uncomfortable discussing compensation. They typically worry that they will give a number that's too high or too low.
Answering this question tactfully requires a delicate balance of knowing your professional worth and understanding what Coinbase can realistically offer you for compensation. Rather than giving a specific number, it's best to provide a realistic range that allows room for negotiation. It's helpful to do your research beforehand using various online resources to ensure that you have a good idea of the salary range.
If you're unsure of a fair range for this position, this question is an opportunity for a discussion with the interviewer. To avoid pigeonholing yourself into a salary that's lower than what they might offer you, ask your interviewer to share the typical salary range for the role.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I'm looking for compensation that's in line with my qualifications and experience. Given my graduate degree and six years of experience at (XYZ) company, I'm seeking compensation in the range of $90,000 - $100,000."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"Thanks for asking. I was hoping to get more information about the salary range you're offering for this position. Would you be able to share that information with me?"
Written by Rachel Hills on February 11th, 2022
Situational
29. If you had an interaction with a client or colleague here at Coinbase, and you weren't able to answer their question or solve their problem on your own, how would you handle the situation?
Why the Interviewer Asks This Question
In a front-facing role with Coinbase, you may be asked complex or esoteric questions that you either don't know or aren't qualified to answer. In those situations, you will be expected to explain to the individual(s) your plan to answer their question. Make sure you deliver a timeline for when it can be answered. Humility and a solutions-oriented approach are key here; be clear that you will not attempt to answer a question that you are not qualified to answer, and ensure that you will do everything in your power to find an answer. Maintaining trust and confidence with clients, colleagues, and business partners is critical.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"If I didn't know an answer, I would reassure the individual that we have the right staff in place to help them quickly and efficiently. I would communicate the next step, whether that is putting them directly in contact with the right person or letting them know when they can expect to hear from me with follow-up information."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"In my current role in customer service with (XYZ) company, I am frequently asked questions that need to be approved by our sales, finance, and service staff. In these situations, I have sufficient knowledge to prepare the customer for speaking with the right person, while ensuring them that the sales, finance, or service staff will provide the final answer. Then, I work quickly to get them to the right person."
Written by Rachel Hills on February 11th, 2022
Technical
30. This role requires a basic understanding of programming. Which languages would you consider yourself fluent in?
Why the Interviewer Asks This Question
While this question gives your interviewer insight into the diversity of your programming language experience, the interviewer also wants to know that you are adaptable and can learn on the fly if needed. Research Coinbase as much as you can before your interview so that you can discuss the specific languages they work with. The need for programming knowledge will depend on the role to which you're applying. Some roles may not require any previous experience in coding.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I've worked with a broad range of programming languages through various professional and academic projects. I consider myself fluent in C++, Python, and PHP. In my current role, I work primarily with C++, but I pride myself on my ability and passion for learning new programming languages and would be able to do so if hired for this role with Coinbase."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"The majority of my experience has been using Python, both during my training to be an engineer and in my current role since graduating. My current role delves deeply into artificial intelligence, and Python is awesome with this advanced technology. As I understand it from talking to an engineer here at Coinbase, it would be helpful to learn React. Though I haven't worked directly with React, I believe my experience and willingness to learn would lead to my success in this role."
Written by Rachel Hills on February 11th, 2022
Technical
31. How do you keep up-to-date on new technologies and trends in this industry?
Why the Interviewer Asks This Question
One way a potential employer will gauge 'fit' is by ascertaining to what extent you keep up with the fintech industry. While you may not need to be a crypto expert yourself (this will depend on how technical the role is), you should show a basic understanding of the fintech sphere as it relates to the role. Demonstrate to your interviewer that you keep up with the industry through membership in industry-relevant groups or publications. You should have a reliable news outlet that you rely on for industry news, which you can mention to your interviewer.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"I keep up-to-date on crypto trends and emerging technology through a variety of sources, including CoinDesk and Blockchain News. I also follow three different blogs from industry leaders and read multiple articles online per week."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"I take ongoing training courses online whenever possible. I also follow a few of my favorite thought leaders on social media."
Written by Rachel Hills on February 11th, 2022
Technical
32. What background do you have in crypto?
Why the Interviewer Asks This Question
The degree to which a strong background in crypto matters will depend heavily on the role you're applying to. Some roles will require more technical knowledge than others. Regardless of your experience, demonstrate an interest in the space and the propensity to learn quickly.
Written by Rachel Hills on February 11th, 2022
1st Answer Example
"While my background is in investment banking, I've developed a strong personal interest in crypto the past few years. It started with an interest in trading bitcoin and has taken off from there. Now, I keep up with crypto news and attend conferences and networking events in this field regularly."
Written by Rachel Hills on February 11th, 2022
2nd Answer Example
"My background in crypto, specifically, is limited. To be successful in this role, I'll be drawing heavily on my five years of experience in Finserv and Fintech marketing. I'm eager to learn and hope to fill in any gaps in crypto knowledge within the first few months. Do you have any suggestions for resources that would be most helpful for getting up to speed?"
Written by Rachel Hills on February 11th, 2022