What does coinbasepro exchange mean?

What exchange is CoinbasePro? CoinbasePro is a cryptocurrency exchange operated by Coinbase and designed for advanced traders and institutional investors. It is targeted at professional traders looking for more advanced features, customized order types, and low trading fees. How is CoinbasePro different from Coinbase? While both CoinbasePro and Coinbase are operated by the same company, they are different exchanges serving different audiences: Coinbase: Targeted at beginners and casual traders, the interface is easier to use and offers basic order types like limit and market orders . CoinbasePro: Provides a more advanced interface for advanced traders

What is Coinbase Pro?

Coinbase Pro is a cryptocurrency exchange operated by Coinbase and designed for advanced traders and institutional investors. It is targeted at professional traders looking for more advanced features, customized order types, and low trading fees.

How is Coinbase Pro different from Coinbase?

While Coinbase Pro and Coinbase are both operated by the same company, they are different exchanges serving different audiences:

• Coinbase: Aimed at beginners and casual traders, the interface is easier to use and provides basic order types such as limit and market orders.
• Coinbase Pro: Targeted at advanced traders, offers a more advanced interface, more order types like stop and limit orders, and lower trading fees.

Features of Coinbase Pro:

• Advanced interface: Designed for professional traders with charts, indicators and other technical analysis tools.
• Multiple order types: Supports multiple order types such as market orders, limit orders, stop loss orders, limit orders, and take profit orders.
• Low Transaction Fees: Charges lower transaction fees than Coinbase, offering discounts on fees charged under the Maker-Taker model.
• Deep Liquidity: High trading volume and deep liquidity allow large orders to be executed without significant slippage.
• Security and Compliance: Coinbase Pro has a strong reputation for security and compliance and adheres to industry best practices.

Suitable for people using Coinbase Pro:

• Advanced cryptocurrency traders
• Institutional investors
• People engaged in high-frequency trading or arbitrage trading
• Professionals who want to access more advanced features and customized order types

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