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Review on Coinbase Pro by Mr Benji

Revainrating 4 out of 5

Coinbase pro

- Coinbase is just an exchange office where you buy cryptocurrencies directly from a company and vice versa Coinbase Pro is a stock exchange where more traders clash and cryptocurrencies sell each other.
However, Coinbase and Coinbase Pro accounts are linked to each other, and if you want to switch from Coinbase to Coinbase Pro, it can be done immediately and completely free of charge. Likewise, money transfer / cryptocurrency between accounts is also fast and free.

- For standard purchases or sales, you pay 1.49% on Coinbase (European currency exchange) and 3.99% on credit card purchases. If you transfer or withdraw your funds via SEPA bank transfer, you will be charged EUR 0.15 for this Coinbase transaction. However, deposits and withdrawals from the cryptocurrency are exempt from fees from Coinbase.
But why Coinbase Pro is so popular is for its very low fees, which range from 0% to 0.25%. The difference in fees between Coinbase and Coinbase Pro is, as you can see, striking.
And that's why Coinbase Pro is so popular among professional cryptocurrency merchants.

- Unfortunately, there is no official mobile app for Coinbase Pro trading platform. And this is also a big drawback and the reason why some users leave Coinbase Pro.
For Coinbase Pro, however, there is an unofficial version of the mobile application called UDAX Mobile App. The company that has developed UDAX has nothing to do with Coinbase and does not have the necessary license. Although UDAX does not seem to want to rob you of personal data, it is not the safest and wisest to provide to any third party you know nothing about.
This mobile app is not even free, it sells for $ 10 on the App Store. We have not tried the app and we do not recommend it. On the other hand, there are positive reviews on the internet.



Updated 5 years ago
Rating has not been changed
Coinbasepro decided to list one of the best performing projects right now. Link they will add it in USD and eth pair. The first days were so tense that price on binance and coinbase was with like even 20% spread people on coinbase liked Link a lot and they bought tons of it. This is proving how big influence coinbase still has.



Pros
  • Market order, Limit order, Stop order
  • various crypto
  • low fees
  • super good for experienced users
Cons
  • mobile app
  • not good for begginers

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