FacebookTwitterLinkedInTelegramCopy LinkEmail
Others

Crypto Firms Abstain from Super Bowl Advertising

Crypto Firms Abstain from Super Bowl Advertising

Several cryptocurrency exchanges and trading platforms confirmed that they won't air a commercial during the upcoming Super Bowl.

Coinbase advertised during the previous Super Bowl and said they would not participate this year. eToro, another platform promoted last year, stated they have no plans to advertise in this year’s Super Bowl and prefers to focus on its strong online presence.

Binance criticized the notion that crypto companies should advertise during the event, with their Chief Strategy Officer, Patrick Hillmann, stating that a 30-second ad is not an effective way to educate potential users about the complexities of cryptocurrency.

Kraken also stated that they won’t be advertising in this year’s Super Bowl and are focused on improving their services for clients.


READ MORE: This Ethereum-Based Altcoin Could See a Significant Price Surge


AP reported that no crypto trading platform scheduled a Super Bowl ad this year, with some companies withdrawing after the market crash in November.

Last year, Coinbase, Crypto.com, eToro, and FTX advertised during the Super Bowl, but FTX was no longer in operation. The upcoming Super Bowl LVII will take place on February 12, 2023.

Author
Alexander Stefanov - Editor-in-Chief at Coinspress
Alexander Stefanov

Reporter at CoinsPress

Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

Learn more about crypto and blockchain technology.

Glossary