When it comes to the world of cryptocurrency, there are a lot of different options out there for exchanges. Two of the most popular exchanges are Coinbase and Coinbase Pro.
While these two exchanges have a lot in common, there are also some key differences between the two. So, what exactly is the difference between Coinbase and Coinbase Pro? And, more importantly, do Coinbase and Coinbase Pro have the same coins?.
Coinbase and Coinbase Pro are both digital currency exchanges that allow users to buy and sell cryptocurrencies. Coinbase was founded in 2012 and is headquartered in San Francisco, California.
Coinbase Pro, on the other hand, was launched in 2018 and is based in New York City. Both exchanges offer a wide range of coins, though the selection on Coinbase Pro is slightly more limited than on Coinbase.
One of the biggest differences between Coinbase and Coinbase Pro is the fees that each exchange charges. Coinbase charges a flat fee of $2.99 for all transactions, while Coinbase Pro charges fees that range from 0.04% to 0.
NOTE: WARNING: Coinbase and Coinbase Pro do not have the same coins. Each platform may offer different coins, so it is important to make sure that you check both platforms before making a purchase or trade. Additionally, some coins may only be available on one platform, so it is important to check both platforms for any specific coin you are looking for to ensure it is available.
50%, depending on the trade size. So, if you’re looking to save on fees, Coinbase Pro is definitely the better option.
Another key difference between the two exchanges is the level of experience that each one offers. Coinbase is designed for those who are new to the world of cryptocurrency and want an easy way to buy and sell coins.
Coinbase Pro, on the other hand, is geared towards more experienced traders who are looking for a more sophisticated platform with advanced features like margin trading and OTC trading.
So, what about the coins that each exchange offers? As we mentioned before, both Coinbase and Coinbase Pro offer a wide range of coins. However, there are some slight differences in terms of which coins are available on each exchange.
For example, at the time of writing this article, Ethereum Classic (ETC) is only available on Coinbase Pro while Basic Attention Token (BAT) is only available on Coinbase. Overall, though, both exchanges offer a good selection of coins for their users.
In conclusion, while there are some key differences between Coinbase and Coinbase Pro, they are both still great options for those looking to buy and sell cryptocurrencies. Which exchange you choose will ultimately come down to personal preference and your individual needs as a trader.
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