How to Answer: At Coinbase, we take pride in our ability to stay one step ahead of our competitors. How will you contribute to this trend?
Advice and answer examples written specifically for a Coinbase job interview.
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