Review on Coinbase Pro by Douglas Cachazo
Coinbase Pro: Exchange pioneer and considered the best
San Francisco based cryptocurrency exchange house is one of the most well-known, trustworthy and safe options to get bitcoins and other cryptocurrencies, Exchange and spend Fiat money. With more than 13 million users, many personal data are requested in the registry
What classifies it as an AML (Anti Money Laundering) platform, are regulated platforms in which you will not have anonymity. The purchase of cryptos is instantaneous.
Coinbase has commissions ranging from 0 to 0.25% for operations
From Coinbase, the minimum amount is 0.001 BTC, 0.01 BCH, 0.01 ETH, or 0.1 LTC. That would leave the minimum amount according to the crypto to use
You will be able to obtain 4 cryptocurrencies in a simple way. Its offer is limited to bitcoin, Ethereum, Litecoin and bitcoin cash. The purchase is easy using many means for it, credit card, deposits, transfers.
If you want to trade using your Coinbase funds, they can use GDAX, which is integrated into coinbase, a trading platform there. You can link your Coinbase account and trade. It also has an API for developers who want to integrate services on other sites, something very good now that opens the way for many more options in the future.
Something good for people who like it, It has a referral system, additional benefit of having a Coinbase account, opportunity to get free bitcoins under certain conditions, you get 10 USD free when your referrals buy at least 100 USD on the platform.
It has a built-in wallet which is very good, In fact Coinbase was my first wallet.
Pros
- Fully insured currencies
- Best place to get Bitcoin using fiat money.
- Easy to use: The process of buying, storing, sending and receiving coins is very simple. they can use PayPal.
- With GDAX, you can trade
- Referral system.
- Instant crypto purchase using your credit or debit card, bank transfer
- Own integrated Wallet.
- Excellent technical support
Cons
- Not available worldwide. USA, Canada, European Union, UK, Australia, Singapu and some from Latin America can be used.
- You must verify your account, that takes sometimes
- Work with few Cryptocurrencies
- Commissions a little high
