In General, There Are Two Types Of People Who Might View Coinbase Pro As An Ideal Option—Those Who Already Have A Coinbase Account And Want The More Advanced Interface, Or Those Who Trade Large Sums Of Money Regularly.
The rest is privately insured. Keep in mind this is not coinbase it's coinbasepro which is an exchange. Like many other cryptocurrency exchanges, coinbase pro receives mixed reviews from users.
Coinbase Pro’s Fees Are Much Lower And Simpler And Adhere To A Standard Maker/Taker Model.
There are much better exchanges out there but this is great. Coinbase pro has one of the largest cryptocurrency trading volumes in terms of usd, which makes it a great option for selling cryptocurrencies. One of its best practices in terms of security measures is that 98 percent of its customers' digital assets are locked in cold storage, thereby preventing loss of funds through theft, hacking or other means.
At Trustpilot, For Example, Coinbase Holds A Rating Of Just 1.6 Stars With Over 6,000 Reviews.
The platform also provides high liquidity for traders, enabling them to access a wide variety of crypto assets. This is more of a intermediate service. I invested with trading platform and they scam me off, i made a request to withdraw my funds and they told me i can’t make withdrawal until i make a deposit of another 2,000$ i payed the money hoping to be able to make withdrawal and then another thing happened.
Coinbase Pro Has A Long History Of Leading The World Of Cryptocurrency Exchanges, Although It Went By The Name Gdax Until Recently.
One extra benefit is that transaction fees on coinbase pro are much lower than they are on coinbase. Coinbase pro’s fees do get lower the more you trade, although you need to have $50,000 more of volume in order to get a fee reduction. The app is built for advanced crypto traders with all necessary info and tools.
On Coinbase Pro, Taker Fees Range From 0.5% (For Amounts Lower Than $10K) To 0.04% (For More Than 1 Billion Usd).
Coinbase pro is a totally legit app. Coinbase pro’s fees are favorable, but only for those who move large amounts of money through the exchange each month. As a trading platform, coinbase pro is considered a safe haven.