Çoinbase: Pro Login

Çoinbase Pro Lōgin is an online system that makes it easier for consumers to deal with cryptocurrencies. You will get a big list of supported cryptocurrencies you may purchase online.

What is Coinbase Pro?

Founded in San Francisco in 2012, Coinbase is one of the largest and most recognisable digital currency exchanges in the world, and is often the first port of call for cryptocurrency newcomers, thanks to its ease of use and accessibility.

In 2015, the company added another powerful asset to its roster by launching a US-based exchange for professional traders, called Coinbase Exchange. The following year, this was rebranded to Global Digital Asset Exchange, or GDAX.

Fast forward to 2018, and another name change resulted in the Coinbase Pro we know today—a platform that aims to provide professional trading tools and services, all packaged in a UI that’s designed to make trading experiences easier and more intuitive. Does it deliver? Let’s find out.

Design and UX

Cryptocurrency exchanges are often a complicated, convoluted mess of charts, menu options and numbers all crammed together into one intimidating mess. Thankfully, Coinbase Pro’s design and UI is cleaner than many of its rivals, with a layout that’s easy to navigate.

Dark theme aside (which our eyes are very thankful for), the main screen itself is clearly laid out into different sections. The left-hand side allows you to select your market and view your wallet balance, while also placing different types of buy and sell orders. The central section displays the order book and price charts, with your open orders displayed beneath the latter. The right-hand side shows a list of the trade history.

It’s all very neat, tidy, and intuitive to use, making it an ideal first exchange for crypto newcomers who want to take their first steps beyond merely purchasing coins with fiat currency on the regular version of Coinbase.

Getting started

If you already have a Coinbase account, then getting started on Coinbase Pro is as simple as clicking ‘Login’ and entering your Coinbase email address and password.

If you're starting from scratch, the signup process is straightforward, kicking things off by asking for your name, email address, and what password you’d like to use. The next steps might seem a little unnerving if you’ve never registered at an exchange before, but you can rest assured that everything’s above board.

How to transfer from Coinbase to Coinbase Pro

Users can easily transfer funds between their regular Coinbase and Coinbase Pro wallets. This is done via the ‘Assets’ page—all you have to do is select the relevant Coinbase or Coinbase Pro wallet under the ‘Destination’ option.

Coinbase Pro fees

Compared to Coinbase’s high fees (which can hit more than 4.00% for credit and debit card transactions), Coinbase Pro’s fees are much lower, making it far more appealing to investors. It’s also worth bearing in mind that fees are reduced the more you trade.

Coinbase Pro uses a maker-taker fee model to work out its trading fees. Maker orders provide liquidity, and are charged different fees to orders that take liquidity (taker orders). Fees are calculated depending on the pricing tier you’re in when the order is placed, and not the tier you’re in after a trade is completed.

When a market price order is immediately filled, a user is considered a taker, and will pay a fee between 0.04% and 0.50%. If an order is placed without immediately being matched by an existing order, it’s placed in the order book. If another user places an order that matches the first one, then the initial user is considered to be the maker, and will pay a fee between 0.00% and 0.50%. Taker fees are based upon total USD trading volume over the trailing 30-day period across all order books.

This fee system can be quite appealing to takers, as they can take advantage of volume-based discounts which have the potential to lower fees all the way down to 0.04%.

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