GDAX is now Coinbase Pro - Coinbase Pro
The platform will offer professional trading tools and services, delivered through a completely reengineered UI that will make the trading experience easier and …
Last updated
The platform will offer professional trading tools and services, delivered through a completely reengineered UI that will make the trading experience easier and …
Last updated
As of my last knowledge update in September 2021, Coinbase Pro is a professional trading platform offered by Coinbase, a well-known cryptocurrency exchange based in the United States. Coinbase Pro is designed to cater to more experienced traders and institutional investors who are looking for advanced trading features and tools.
Key features of Coinbase Pro include:
Advanced Trading Interface: Coinbase Pro provides a more sophisticated trading interface compared to Coinbase's basic platform. It offers features like advanced charting tools, order books, and real-time market data.
Lower Fees: Coinbase Pro typically charges lower trading fees compared to the regular Coinbase platform. The fee structure is designed to be more favorable for active traders.
Multiple Order Types: The platform supports various types of orders, including market orders, limit orders, and stop orders. This allows traders to execute trades based on specific criteria.
API Access: Coinbase Pro offers API (Application Programming Interface) access, allowing traders to connect their own trading bots, algorithms, or applications to the exchange for automated trading.
Greater Trading Pairs: Coinbase Pro offers a broader range of trading pairs compared to the regular Coinbase platform. This includes more cryptocurrencies and trading pairs involving various fiat currencies.
Liquidity: Since Coinbase Pro caters to more experienced traders and institutional investors, it generally has higher trading volumes and liquidity compared to the regular Coinbase platform.
Security: Coinbase Pro maintains a strong focus on security, implementing measures like two-factor authentication (2FA) and cold storage of funds to protect users' assets.
It's important to note that the cryptocurrency space is rapidly evolving, and there may have been developments or changes to Coinbase Pro since my last update. If you're considering using Coinbase Pro or any other cryptocurrency exchange, I recommend checking the latest information and reviews to ensure that the platform meets your trading needs and preferences.