COINBASE PRO

Introduction Coinbase Pro offers over 130 assets available for trade, low fees for high volume trades, advanced order types, and an easy-to-use platform. Users also benefit from industry-leading security features designed to help protect their crypto holdings. With its wide selection of crypto assets and advanced order types, Coinbase Pro may be a great platform for experienced traders. However, beginners may find it difficult to use. While the cryptocurrency market has become more accessible and mainstream in recent years, it’s still subject to large price swings. It’s best to only invest money that you can afford to lose. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed. Company Overview Coinbase is owned by Coinbase Global, which launched its exchange in San Francisco in 2012. Former Airbnb engineer Brian Armstrong founded the parent company. In addition to its original Coinbase platform, in 2017, the company launched Global Digital Asset Exchange (GDAX), designed for active traders. Eventually, GDAX was rebranded to Coinbase Pro. At the time of publication, Coinbase is available in over 100 countries and has over 73 million verified users. It's also ranked among the top crypto exchanges globally by traffic, liquidity, and trading volumes. And in April 2021, Coinbase Global became the first U.S. crypto trading company listed on a U.S. exchange, and it's currently valued at around $86 billion. 1 Cryptocurrencies Available on Coinbase Pro Coinbase Pro users can buy, sell, and trade over 130 cryptocurrencies. Popular assets supported by Coinbase Pro include: Ethereum (ETH) Litecoin (LTC) Cardano (ADA) Bitcoin Cash (BCH) Stellar Lumens (XLM) Chainlink (LINK) Uniswap (UNI) Aave (AAVE) Trading Experience Coinbase Pro users can log into their accounts through a desktop browser and an iOS or Android mobile app. Both the desktop and mobile platforms offer similar features and options. Users can access real-time charting tools with moving averages and exponential moving averages, as well as their trade history, the order book, and price charts. Additionally, Coinbase Pro offers several order types, such as stop order, limit order, and margin order. While the platform and trading experience may be ideal for experienced crypto traders, it may be overwhelming for beginners. Fees Like many other crypto exchanges, Coinbase Pro charges fees for certain payment methods and trading fees. And while Coinbase Pro offers lower trading fees than Coinbase, its maker/taker fees are still higher than many industry competitors. That said, higher trading volumes result in fee discounts.