Coinbase Vs. Coinbase Pro: Which Is Best For Trading

 

Coinbase Vs. Coinbase Pro: Which Is Best For Trading?Coinbase Vs. Coinbase Pro: Which Is Best For Trading?


Coinbase and Coinbase pro is a cryptocurrency exchange platform that is owned by Coinbase global inc. With these, both platform users can easily buy various types of cryptocurrencies such as bitcoin cash (BCH), Litecoin (LTC), Ethereum (ETH), etc. and it also supports fiat currencies like USD, GBP, and EUR. Both platforms provide excellent security features that protect users’ accounts from hackers. Many users of Coinbase switched themselves to Coinbase pro because Coinbase has higher fees as compared to Coinbase Pro and Coinbase pro offers advanced features and more transaction types. 

Coinbase VS. Coinbase Pro: Features

Coinbase provides features for beginner investors and the Coinbase pro is a professional-level trading platform, which is only designed for active or busy traders. With these platforms you will get the following features:

  • Mobile Apps: Both platforms have a mobile application, you can easily download the app on your android and ios device. It offers the same experience as what you will get in the web browser.
  • User Education: The platform gives video tutorials, how-to articles, and a market updates guide, which is very knowledgeable and important.
  • Digital Wallet: Users can access the hot wallet feature with multi-coin support and find many ways to buy and earn cryptocurrency. If you don’t have an account on Coinbase then you don’t need to worry about it. You can access these features with only a Coinbase Pro account.
  • Availability: Many types of functions in these platforms are available in more than 100 countries with limitations. 

Here Is The List Of Some Unique Features Of Coinbase And Coinbase Pro

Coinbase Unique Features:

  • Newsfeed: Coinbase gives updates to its users on recent events with a newsfeed. Users can read these curated articles from around the web on updates.
  • Price Alerts: Coinbase platform allows users to create a watchlist of cryptocurrencies. This watchlist helps users to give price alerts about fluctuation in price.
  • Free Education And Crypto: Coinbase helps those users who are completely new to Coinbase. It offers bite-sized videos that teach users about cryptocurrency. And certain cryptocurrency projects also give rewards to users with a small amount of currency.
  • Coinbase Card: Users can create an account for a visa card that enables them to purchase using funds from their Coinbase wallet

Coinbase Pro Unique Features:

  • Advanced Charting Option: Coinbase pro users can create advanced charting views such as minute-by-minute trading. The candlestick chart shows the high and low prices within a limited time, it is similar to stock charting programs
  • Various Types Of Trading Options: Coinbase pro offers advanced control over your cryptocurrency trading. Apart from buying and selling it gives three types of orders such as stop order, limit order, and market order. 
  • API keys Access: This platform gives access to their API keys that allow third-party apps to coordinate with Coinbase accounts.
  • More Cryptocurrencies: Coinbase pro has more cryptocurrencies for trading as compared to Coinbase.

Coinbase vs. Coinbase Pro: Security

Both versions of Coinbase have a crypto wallet, which is secured by two-factor authentication, biometric fingerprints, and multiple users’ approval. 98% of funds are kept in hot storage, and 2% of funds are kept online. Coinbase doesn’t give you any control over your API keys and on the other side, the Coinbase Pro allows users to take full control on the crypto security. Users of Coinbase pro can easily store their private keys on a hardware wallet.

Conclusion

Coinbase and Coinbase Pro, both are trading platforms where people can buy, sell or trade more than 150 cryptocurrencies. Coinbase is an online-based platform and on the other hand, Coinbase pro is a premium service that offers advanced trading tools such as orders. In the above section, you will see some similar features of both accounts and the comparison between Coinbase and Coinbase pro’s unique features.

Source:https://walletplane.com/blog/coinbase-vs-coinbase-pro-which-is-best-for-trading

Location: United States

Comments

Post a Comment

Popular posts from this blog

How to Send And Receive NFTs On MetaMask?

Image
  How to Send And Receive NFTs On MetaMask? MetaMask is a web browser extension and a crypto wallet that help you to manage your NFTs. you can easily send and receive NFT on MetaMask by following a few steps. But before staging the process you should know about the whole introduction of NFT and  MetaMask . The given section helps you to give proper information about NFT and MetaMask. What Is MetaMask? MetaMask is a cryptocurrency wallet that helps you to store different Ethereum-based assets. You can easily store ether and ERC-20 tokens in the wallet. The Installation process of MetaMask is very easy. You can quickly install the MetaMask web browser extension and mobile application on your smartphone. After the installation process, you will need to create your account to start the transferring process of crypto. What Are NFTs? NFTs are a collection of transactions stored in an appropriated computer network. The NFTs are also known as non-fungible tokens and it is available as a depict
Read more

Top 7 NFT Scams We Should Avoid!

Image
  Top 7 NFT Scams We Should Avoid! Nowadays, NFTs are all the rage because they offer a way for content creators to sell their NFT collection for thousands, if not millions of dollars. As the NFT market becomes popular, fraudsters are researching innovative methods to separate NFT creators from their digital assets. These scams can make users lose their NFTs or make them insignificant in one fell swoop. Most of the fraudsters want to get access to your NFT account by using phishing cons to get access to your private key wallet. Once the scammers gain access to your account, they will quickly drain it before you get wind of the scam. Here is a List of Common NFT Scams Let’s take a look at NFT scams that have managed to trick collectors out of millions of dollars since the development of the NFT market. In the list below, you will see a list of some common NFT scams and how you can avoid them. Phishing Scams To purchase an Ethereum-based NFT, you will need a crypto wallet such as Metamas
Read more