![]() The trading options available on Coinbase Pro include market order, limit order and stop order. Users with Coinbase accounts have their wallet balances integrated on Coinbase Pro for trading purposes. On Coinbase Pro, there are more trading features for users. There is no flexibility or options around trading for users. Users can only buy and sell cryptocurrencies at the price displayed on the dashboard at that particular time. On Coinbase, the prices of cryptocurrencies are openly displayed. However, the capabilities of the Coinbase Pro API are better than the basic Coinbase, as users of Coinbase Pro API can build more efficient trading bots. API is basically a pathway for programmers to interact with an application.īoth Coinbase and Coinbase Pro allow APIs on their platform. ĪPI is short for Application Programming Interface. The trading pairs available for each region is listed here. This includes the new addition, 0x, which was one of the cryptocurrencies previously announced for consideration on the platform. On Coinbase Pro, the 6 cryptocurrencies available on Coinbase are present. Not too long later, they announced 5 cryptocurrencies they are considering to add on their platform (which included 2 ERC-20 tokens). Coinbase expressed support for ERC-20 tokens on their platform earlier in 2018. The fiat currencies supported also include US dollar, GB pounds, and euro. Available CryptocurrenciesĪvailable cryptocurrencies on Coinbase are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic and the newly-added 0x. Hawaii is not supported by Coinbase Pro, although it is a US state. There are no fiat trading pairs available for Australia, Singapore, and Canada accounts. Currently, fiat transactions are not enabled for Singapore, Australia, and Canada accounts.Ĭoinbase Pro is currently available in 32 countries including US, UK, Australia, Canada, Singapore, and 27 European countries. However, wallet services with only send and receive functions are available in 190 countries worldwide. Countries SupportedĬoinbase supports the buying and selling of cryptocurrencies with fiat currencies in 33 countries which includes Singapore, Australia, Canada, USA and 29 countries in Europe. You must be at least 18 years of age to use any of the Coinbase services. Also, additional information may be required. However, Coinbase Pro will require new users to agree with the Coinbase Pro terms and conditions. This means that users who already have a Coinbase account are required to login with the same email (for Coinbase) when registering for Coinbase Pro.įor those who do not have a Coinbase account, they will go through a similar process of account setup for Coinbase. An individual can only have one account on Coinbase. Signing up for Coinbase Pro is not so different. When sign-up is complete, the user can buy and sell any of the available cryptocurrencies. These include a phone number (for 2FA), address, a mode of identification (which could be either one of international passport, driver’s license, or a government-issued ID card), and a payment channel (such as debit card or credit card). ![]() After the email is verified, other details necessary for the operation of the account is requested. ![]() ![]() What is required is your name, email, and password.Ī verification link will then be sent to the email address supplied. Signing up on Coinbase is made as simple as possible. Comparing Coinbase Vs Coinbase Pro (Formerly GDAX) There are a number of differences between Coinbase and Coinbase Pro, although both are run by the same company. It was rebranded to Coinbase Pro in May 2018. Ĭoinbase Pro was founded as GDAX (Global Digital Asset Exchange) in 2016. The advanced trading platform is known as Coinbase Pro (formerly known as GDAX), while the basic exchange is simply known as Coinbase. Coinbase serves over 20 million customers around the world.Ĭoinbase has 2 core services: the simplified fiat-to-crypto exchange for novice retail traders and the advanced trading platform for professional traders. The company is run from their headquarters in San Francisco, California.Ĭoinbase is famously known for its wallet services and fiat-to-crypto exchange.įor most people, Coinbase is the best way to enter the crypto market as people often need to buy bitcoin or ether with their fiat currency before sending it to a crypto-to-crypto exchange (for example, sending Bitcoin from Coinbase to Binance ). Coinbase vs GDAX (now Coinbase Pro): which exchange is right for your needs? After reading this article, you will have all the info you need to make an informed decision on which exchange is better suited for you.Ĭoinbase is a cryptocurrency exchange founded in 2012 by Brian Armstrong and Fred Ehrsam. ![]()
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