Yes, Coinbase Pro is a legitimate and regulated cryptocurrency exchange, ranked 10th among global cryptocurrency exchanges, offering advanced trading features, low fees, and 24/7 customer support.
Coinbase Pro exchange legitimacy and ranking
Is Coinbase Pro legitimate?
Yes, Coinbase Pro is a legitimate and regulated cryptocurrency exchange. It is operated by Coinbase Global, Inc., a publicly traded company regulated by the U.S. Securities and Exchange Commission (SEC).
Coinbase Pro’s global ranking
According to CoinGecko, as of May 2023, Coinbase Pro ranks 10th among global cryptocurrency exchanges, based on 24 Hourly trading volume.
Detailed Description
Regulation and Compliance
- Coinbase Global, Inc. is registered and complied with in the United States Anti-money laundering and Know Your Customer (KYC) regulations in the United States.
- The company is also licensed or registered in multiple jurisdictions including Japan, Singapore, Canada and the United Kingdom.
Security
- Coinbase Pro uses industry-leading security protocols to protect users’ funds and information.
- It uses measures such as cold storage, two-factor authentication, and address whitelisting.
User Interface
- Coinbase Pro has a user interface designed for advanced traders and institutional investors.
- It provides features such as advanced charting tools, stop-loss orders, and limit orders.
Fees
- Coinbase Pro has lower trading fees than the Coinbase exchange.
- Fees vary based on transaction volume and market conditions.
Customer Support
- Coinbase Pro offers 24/7 customer support.
- Users can get help via email, phone and online chat.
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