If you’re a US-based trader, the short answer is yes, you can absolutely use your Coinbase account to trade on Coinbase Pro. In fact, it’s one of the simplest ways to get started trading cryptocurrencies.
Coinbase is one of the most popular cryptocurrency exchanges in the United States and it offers two separate but integrated products: Coinbase for retail investors and Coinbase Pro for more advanced traders. Your Coinbase account can be used for both products, so it’s really just a matter of what level of trading you’re interested in.
If you’re just getting started in the world of cryptocurrencies, then Coinbase is probably the better option for you. It’s simple to use and perfect for beginners.
It is not recommended to use a Coinbase account for Coinbase Pro. Coinbase and Coinbase Pro are two separate platforms, and logging into one with the other’s credentials can cause irreversible damage, such as loss of funds or access to your accounts. It is possible to link a Coinbase account to a Coinbase Pro account, however this should only be done after careful consideration, and once you have read all the terms and conditions of both platforms.
You can buy and sell cryptocurrencies directly through your Coinbase account without having to worry about things like market order types or managing a wallet.
Coinbase Pro, on the other hand, is geared more towards experienced traders. It offers more features and options than Coinbase, including advanced order types, charting tools, and a much wider range of cryptocurrencies to trade.
However, it also comes with a steeper learning curve. If you’re not sure which platform is right for you, we recommend starting with Coinbase and then upgrading to Coinbase Pro once you’ve gotten more comfortable with trading.
So, to answer the question: yes, you can use your Coinbase account to trade on Coinbase Pro. Just log in with your existing credentials and you’ll be good to go.