Coinbase Pro Exchange Review
Best For
- Beginners
- Advanced Traders
- Custodians
- Family Offices
- Institutions
Coinbase Pro is a centralized cryptocurrency exchange operating in conjunction with Coinbase. Active since 2015, Coinbase is known for its strategic focus on the western markets - particularly the US. Coinbase offers a variety of fiat deposit and withdrawal options.
Coinbase Pro Exchange - 2020 Comprehensive Review
Coinbase Pro Exchange Overview
| Trading Fees | Maker: 0.15% / Taker: 0.25% |
|---|---|
| Exchange Type | Centralized |
| Fiat Trading | US Dollars, Euro, Pound sterling |
| Purchase Options | Bank Transfer, Crypto Deposits, Credit Cards |
| Android App |  |
| iOS App | |
| Trading Options | Spot Trading, Margin Trading |
| Order Types | Limit, Market, Limit-Stop |
| Exchange Token |  |
| Token Benefits | NO TOKEN |
| Charting Software | Custom |
| KYC Check | |
| KYC Rules | Required For All Accounts |
| IEO Platform | |
| Education Resources | |
| Convert Micro Balance |
|
| Institutional Accounts | |
| Trading API | |
| Deposit Insurance | |
| Withdrawal Speed | Fast |
| Customer Service | Email, Phone |
| Promotions | Coinbase Earn: Earn up to $126 in crypto while learning about different tokens. USDC Interest Account: Earn 1.25% APY rewards on USDC deposits. Staking: Earn 5% in staking rewards with your Tezos (XTZ) deposits. |
Coinbase Pro Mobile App Features
Deposits
|
Withdrawals
|
Price Alerts
|
Margin Trading
|
Margin Funding
|
Live Chat Support
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Coinbase Pro Trading Fees (Maker & Taker)
| Tier | Monthly Volume Requirement | Maker | Taker | Maker Discount | Taker Discount |
|---|---|---|---|---|---|
| Level 1 | $1.00 | 0.15% | 0.25% | - | - |
| Level 2 | $100,001.00 | 0.10% | 0.20% | - | - |
| Level 3 | $1,000,001.00 | 0.08% | 0.18% | - | - |
High volume & professional trading tier fees available here.
Coinbase Pro Deposit & Withdrawal Fees
| Asset | Deposit Fee | Withdrawal Fee |
|---|---|---|
| Digital Assets | Free | Free |
| ACH | Free | Free |
| Wire (USD) | $10 USD | $10 USD |
| SEPA (EUR) | €0.15 EUR | €0.15 EUR |
| Swift (GBP) | Free | £5 GBP |
Coinbase Pro Markets & Volume
Rank 41 |
Total Assets 24 |
Total Markets 55 |
Volume 24h $390,038,750.74 |
Volume 7d $2,984,567,456.72 |
Volume 30d $8,044,274,199.82 |
Coinbase Pro Top Markets
| Crypto Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| BitcoinBTC | $35,077.35 | 56 | $808,995,108.35 |
| EthereumETH | $2,293.21 | 11 | $613,591,841.42 |
| XRPXRP | $0.00 | 0 | $0.00 |
Coinbase Pro Supported Stablecoins
| Stablecoin Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| USD CoinUSDC | $1.01 | 13 | $90,499,359.36 |
| DAIDAI | $1.00 | 3 | $17,415,179.30 |
Coinbase Pro Exchange Alternatives
 |  |  | |
|---|---|---|---|
| Rating | 8/10 | 8.5/10 | 7.5/10 |
| Trading Fees | Maker : 0.15% Taker : 0.25% | Maker : 0.1% Taker : 0.1% | Maker : 0.16% Taker : 0.26% |
| Fiat Trading | | | |
| Purchase Options | Bank Transfer, Crypto Deposits, Credit Cards | Crypto Deposits, Credit Cards | Bank Transfer, Crypto Deposits |
| Trading Options | Spot Trading, Margin Trading | Spot Trading, Margin Trading, Margin Funding, Futures Trading | Spot Trading, Margin Trading, Futures Trading, Forex Trading |
| IEO Platform | | | |
| Mobile Apps | | | |
| Headquarters | San Francisco, California, United States | Malta | San Francisco, California, United States |
| Learn More | Review | Review | Review |
Pros and Cons
Pros
- Beginner Friendly - The Coinbase Pro user experience is well suited for beginners.
- Promotions - Coinbase Pro offers beginning users the opportunity to earn free cryptocurrency by participating in educational courses with Coinbase Earn. Additionally, users receive $10 in Bitcoin when a new user signs up via their referral link.
- Liquidity - Coinbase Pro has legitimate trading volume and liquidity for Bitcoin and most large market cap altcoins.
- Fiat Deposit Options - Coinbase & Coinbase Pro offer bank wire and bank transfer options for several international fiat currencies.
- Regulated - Coinbase Pro is regulated and licensed for money transmission in the majority of the US and in dozens of countries around the world.
- FDIC Insured - Coinbase Pro has FDIC insurance on its digital assets. Customers are insured up to $250,000 in the event of a loss at the fault of the company.
- Mobile Apps - Coinbase Pro has highly rated mobile applications for both Android and IOS. Users can purchase Bitcoin and other cryptocurrencies via these mobile applications with fiat.
Cons
- Trading Options - Coinbase Pro does not offer margin trading or futures trading. While this is most likely a positive for less experienced users, advanced traders and institutions will usually prefer more flexibility.
- Fiat-To-Crypto Fees - Coinbase Pro charges a fixed fee of $2.99 for purchases under $200 and 1.49% for purchases over $200. These fees are relatively high compared to other competitors in the industry.
Frequently Asked Questions
Is Coinbase Pro safe?
Can I buy Bitcoin on Coinbase Pro?
Does Coinbase Pro have a mobile app?
Does Coinbase Pro offer margin trading?
Is Coinbase Pro better than Gemini?
Summary
Coinbase Pro is the exchange arm of Coinbase, arguably the most legitimate crypto asset focused company in the world. They have achieved market share dominance in the North American regions through their regulatory compliance, marketing strategies, and focus on user experience.
Coinbase is continuously expanding its services into new countries. As of Q3 2019, users in over 100 countries are able to purchase crypto assets with fiat currencies. Both the Coinbase Earn and the friend referral programs have been considerably successful in attracting new users.
Although the fiat-to-crypto purchase and trading fees are relatively high, Coinbase Pro is still an excellent choice for global users entering the crypto asset investment space for the first time. The platform is easy to navigate and offers several fiat deposit options.
| Learn More | Best Features |
|---|---|
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Legal & Regulation - Facts & Figures
| Legal Name | Coinbase, Inc. |
|---|---|
| Incorporated Country | United States |
| Headquarters | San Francisco, CA United States |
| Year Founded | 2012 |
| CEO | Brian Armstrong |
| Total Employees | 500+ |
| Regulators | Money Services Business with FinCEN |
| Links | Website, Crunchbase, Whitepaper, Source code, Twitter, Blog, LinkedIn |
About The Author
Delton has been writing about blockchain finance & technology, decentralized applications, and crypto assets since 2017. His work has been published and featured by several independent news publications and blockchain projects.
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