Gemini, on the other hand, only supports trading for Ethereum and Bitcoin. The platform is still a product that caters towards institutional and professional investors. Coinbase Pro was launched in 2015, by Coinbase, and it is mainly meant for experienced traders. It got all the tools and features necessary for most experienced traders to be content. Coinbase allows their users to purchase and sell Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. Coinbase is a crypto powerhouse and they have done so much positive for crypto adoption. Can place market, limit, and stop orders 3. Withdrawal fees. 1. Once you reach $1b or more, these fees are reduced to 0.04% for taker and 0.00% for maker. Coinbase vs Coinbase Pro something for everyone “Coinbase is for everyone, Coinbase Pro is for experts” Brian Armstrong CEO of Coinbase. U.S. customers residing in a supported state can deposit USD directly from their bank account via ACH transfers. Coinbase Pro Asset Variety: 5/10. Coinbase vs Coinbase pro I recently started cryptomining for the last few weeks with my gaming pc and I’ve been putting it into btc in Coinbase. Visit Coinbase Pro. For further details visit https://www.binance.us/en/fee/schedule/. *Binance fees are subject to the trader holding certain denominations of Binance's BNB token. This doesn’t mean that Coinbase has rebranded its entire business. It is good to see both the exchanges exist focusing of different markets. Open orders on Coinbase Pro will remain active during the maintenance window. A place where most seasoned traders could conduct their trading with more advanced features, with setting your market orders, candlestick charts, depth charts, market data feeds and of course a much wider selection of available cryptocurrencies to trade. More powerful charts to analyze short-term trends (depth chart, order book, volume, etc) 4. That is because they were one of the first crypto exchanges that focused on creating the most user-friendly exchange possible. So in this article, I will explain the difference so that you can know which of Coinbase or Coinbase Pro that you should use. As each margin position was forced to liquidate, it ate up all the buy orders, which sent the price down further more triggering more liquidation orders — all the way to $0.10! The best way to investing in cryptocurrency. Coinbase and Coinbase Pro. However, each company offers two separate platforms: one for novice traders (Gemini™ and Coinbase) and one with advanced features for experienced traders (Gemini Active Trader™ and Coinbase Pro). However, comparing eToro vs Coinbase simply in terms of cryptocurrency selection, it becomes a closer contest. Gemini is one of the most famous crypto exchanges. For months I bought using Coinbase and accepted a $2.99 fee on $500. I have around $124 rn and it’s been fine but I now found out that there is a Coinbase pro that is free and has much less fees for selling. First, users can immediately access their balances and transaction history in the renovated “my wallet” view in the upper right corner of the screen. It's really easy to get a better deal with just a little research and effort. Apart from a much more extensive coin selection, traders on this platform can trade with more sophisticated systems. The fee is dependent on each user’s trade-volume for the past 30-days. After the switchover to Coinbase Pro, there were a few changes noticeable to traders. On the hand you had Coinbase, with it’s easy to use the website, few available cryptocurrencies to trade and a Fiat gateway (a way to deposit Fiat money – USD, GBP, EUR). This was an excellent example of length that Coinbase Pro may go to, in order to keep its customers satisfied. They will for a long time be a household name in the cryptocurrency world. Buy or sell orders can be subject to maker fees, taker fees, or a mixture of both fee types, depending on how they execute against the order book at the time. We've taken a look at two excellent cryptocurrency exchanges: Gemini and Coinbase Pro. This event really took many people by surprise, as very few expected Coinbase Pro to return losses that occurred without any fault of their own. And you might have read that there is another exchange called Coinbase Pro? When this sell order came in, it needed to be matched with the buying orders – which brought the Ethereum price to $224 from $317. The fee starts with 0.25%/transaction for the takers and 0.15%/transaction for the makers, and decreases upto a maximum of 0.05%/transaction for the takers and 0.00% for the makers. The platform is still a product that caters towards institutional and professional investors. I see a lot of people complain on this sub about Coinbase. And then if you feel more comfortable using a traditional crypto exchange all you have to do is transfer your funds (USD, GBP, EUR) to Coinbase Pro and buy Bitcoin, Ether (Ethereum) or Litecoin, etc. Coinbase vs Coinbase Pro something for everyone “Coinbase is for everyone, Coinbase Pro is for experts” Brian Armstrong CEO of Coinbase.