Review on Coinbase Pro by Pedro O. Alvino M.
Coinbase Pro, one of the exchanges backed by a renowned investor, is the…
Coinbase Pro, one of the exchanges backed by a renowned investor, is the perfect option for large entrepreneurs in the field of making a profit through the purchase and sale, in which their work team devised several system of fees and commissions to tailor The need of the users, despite supporting few cryptocurrencies, however in the near future is added in addition to improving the use system that is difficult for some.
Pros
- Exchange recognized worldwide and backed by good user reviews. It has good liquidity and its taker maker system is very intuitive for experienced operators. Relatively competitive rates and fulfills a function in which the greater the volume in transactions, the commissions in the taker will be much lower, in addition to this it does not have deposit limits, active for users that operate large amounts of assets. It supports both Fiat currency and high liquidity cryptocurrencies in the market. Its security level is to envy, since at the moment it has not suffered any attack, based on a two-factor authentication system and password for user security, and the ability to store 98% of the assets offline. Backed by the FDIC, and with the insurance capacity of the funds of $ 250,000 USD per user.
Cons
- Despite having good liquidity, it is limited to 7 cryptocurrencies and its system to add tokens to the platform is very difficult to handle for inexperienced users. Having a large number of users, its support level is very low. It is limited in some countries. The commissions for withdrawal in Fiat currency are extremely high
