RESEARCH & ANALYSIS
FOR THE CRYPTO ECONOMY.

Coinbase Pro

Coinbase Pro Exchange Review

Centralized

Coinbase Pro Overview

  • Coinbase Pro is owned and run by Coinbase, a popular cryptocurrency exchange. Coinbase Pro is an advanced trading platform that offers an extensive list of cryptocurrencies available for trading. The exchange used to go by the name “GDAX”, however was renamed as Coinbase Pro later on. The major feature that significantly divides Coinbase and Coinbase Pro is the fact that Coinbase Pro allows users to trade coins based on market order books. Coinbase, on the other hand, allows users to trade through its own platform which acts as a third-party in the transaction. The main goal of Coinbase Pro was to expand the abilities of cryptocurrency exchanges and bring innovative new techniques into the industry for maximum transparency and efficiency.

    The exchange offers twelve coins that are available for trading, including the most popular coins such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ethereum Classic. Unlike Coinbase, Coinbase Pro does not operate on a flat trading fee model. Instead, takers and makers are charged separately. Trading fees also differ from user to user, depending on their 30-day trading volume. The higher the trading volume is, the lower they will be charged. For takers, the rate varies between 0.25%-0.10%. For makers, this fee is as low as 0.15%-0%. The trading fee for takers is roughly around the global industry average, however, the ones charged for makers are significantly lower than the global industry average, providing a competitive edge.

    Though it is a different trading platform, Coinbase Pro utilizes the same techniques in certain areas, such as security. This is great news for those who are looking to trade on the platform, as though Coinbase Pro is relatively new, it is benefiting from years of experience and expertise that Coinbase has built through its techniques. For enhanced security, Coinbase Pro uses cold wallet storage as well as multi-signature wallets and two-factor authentication. Hence, users’ funds are safely stored and protected from hackers with a sophisticated level of security.

    One of the unique features that Coinbase Pro supports is its FDIC insurance, which is usually held by banks to protect USD user accounts. This ensures maximum comfort and security for users of this exchange because this insurance guarantees that users will be reimbursed by the US government if the exchange is to bankrupt etc.

    The exchange offers fiat-crypto trading on its platform, making it practical for new investors to use as an entry-level exchange. However, fiat-crypto trading is only available to those who are citizens or residents of the EU, UK or US. A more detailed description on fiat-crypto availability is featured on their website.

    Coinbase Pro Exchange Review, Trading Fees, Deposit and Markets

    • 24h Trading Volume

      36084.255 BTC

      • Coinbase Pro Total Trading Pairs

        48

        • Coinbase Pro Margin Trading

          No

          • Coinbase Pro Deposit fees

            Cryptocurrencies and USD ACH Transfer - Free. USD Wire Transfer - $10.

            • Coinbase Pro Fiat Deposit

              Yes

              • Accepted Payment Method

                Crypto to Crypto, Crypto to FIAT

                • Coinbase Pro Native token

                  No

                  • Native token smart contract

                    N/A

                    • Coinbase Pro Trading Markets
                      • Coinbase Pro Stablecoins trading

                        Coinbase Pro Withdrawals

                        • Daily Withdrawal Limit

                          $10,000 daily, across all currencies

                          • Coinbase Pro Withdraw fees

                            Cryptocurrencies – Free

                            EUR SEPA Withdrawal (€0.15) – EEA Countries only

                            UK SEPA Withdrawal (€0.15) – UK only

                            USD Wire Transfer ($25) – USD only

                            USD ACH Transfer (Free) – USD only

                            • Coinbase Pro Withdraw fees discount

                              0% for Makers. 0.2% for Takers with a 30 day trading volume between 10 million and 100 million USD. 0.1% for Takers with a 30 day trading volume over 100 million USD.

                              • Proof of Reserves

                                N/A

                                Coinbase Pro Exchange KYC and AML

                                Coinbase Pro Exchange Additional Information