HomeTradingCoin BureauCoinbase Pro Review: Worth it? Everything You Need to Know

Coinbase Pro Review: Worth it? Everything You Need to Know

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► Read our long form review here: https://www.coinbureau.com/review/coinbase-pro/
► Binance Video Review: https://www.youtube.com/watch?v=1tMTmvL_E3k

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► Overview 📝

Coinbase Pro is the advanced trading platform of Coinbase. It used to be called GDAX until a re-branding last year.

Offers a much more advanced trading experience that allows traders access to numerous different coins.

They take traders from the UK, US and Europe with Fiat on-boarding options.

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► Security 🔑

Uses the same securities and protections that you have at the Coinbase Main Exchange.

Coinbase practices coin management protocols such as cold storage and multisignature wallets.

All USD account balances at Coinbase have FDIC insurance for the accounts that have over $250k.

Includes standard user side security such as two factor authentication etc.

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► Asset Coverage 💎

Almost 40 trading pairs that you can trade on the exchange. This is much more than is offered on the Coinbase main exchange but is less than Binance or Kraken.

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► Fees & Spreads 💸

Coinbase Pro operates a maker-taker fee model. These are also dynamic and will vary according to your trading volume.

Taker fees range from 0.05% to 0.25% whereas the maker fees range from 0% to 0.15%.

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► Registration 🕵

Coinbase users can easily activate a Coinbase Pro account by logging in with their Coinbase account.

Those who are not registered will have to create a new account and complete their KYC requirements (Proof of ID and Address)

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► Funding / Withdrawals 💳

Numerous different funding options and is the same that is on offer at Coinbase. This include Credit Card, Wires, SEPA, PayPal, Crypto etc.

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► Trading Technology 🖥

Coinbase Pro platform is pretty well laid out and intuitive to use.

You have market order books, buy-sell walls, previous orders and other features. You can also easily switch between the different markets and trade the other coins.

Limited charting functionality and advanced order forms for the technical analysts out there.

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► Mobile Trading 📱

There is no app specific for Coinbase Pro so users will have to trade on a mobile browser.

If they want to administer their account then they can always use the standard Coinbase mobile application.

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► API Functionality ⌨️

There is API functionality for the developers which allows REST connections and Websocket.

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► Customer Support ☎️

Customer support is slower than usual which could be to do with the large user base at Coinbase.

There is a ticket support system as well as well as standard email and a dedicated phone line.

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► Conclusion 💁🏻‍♂️

The exchange is easy to fund, trade on and is one of the most secure. It benefits from the knowledge and expertise of Coinbase.

Charting could be improved for the technical analysts.

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► Warning!! ⚡️

Be sure to complete adequate risk management. Do Your Research before investing in cryptocurrencies as they are risky instruments.

► Disclaimer 📜

This is for informational purposes only. Coin Bureau does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice.

#Crypto #trading #bitcoin #Coinbase #exchange #review #btc #eth #cryptocurrency #cryptobull #success #forextrader

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