If you’re looking to deposit money into Coinbase Pro, there are a few things you’ll need to do first. Before we get started, it’s important to note that Coinbase Pro is a different platform than Coinbase.
com, so the process for depositing money is different than what you may be used to.
If you’re new to Coinbase Pro, we recommend reading our getting started guide first. In this guide, we’ll walk you through the process of creating a Coinbase Pro account and funding it with fiat currency (USD, EUR, GBP).
Once you have a Coinbase Pro account set up, you can deposit money into your account using one of the following methods:
Bank Transfer: A bank transfer is the most common way to deposit money into Coinbase Pro. To do this, you’ll need to link your bank account to Coinbase Pro. Once your bank account is linked, you can initiate a bank transfer from your online banking portal or by visiting your local bank branch.
When initiating a bank transfer, be sure to use the correct deposit address for your currency. For example, if you’re depositing EUR, be sure to use the EUR deposit address and not the USD deposit address.
Wire Transfer: A wire transfer is an electronic transfer of funds from one financial institution to another. Wire transfers are typically faster than bank transfers but may incur additional fees.
To deposit money via wire transfer, you’ll need to provide your banking details (routing number and account number) to Coinbase Pro. You can find your routing number and account number in your online banking portal or on your checkbook.
Cryptocurrency Transfer: You can also deposit cryptocurrency into Coinbase Pro from another cryptocurrency wallet. To do this, simply send the cryptocurrency you wish to deposit from your other wallet to the appropriate deposit address on Coinbase Pro.
Please note that deposits of Ethereum (ETH) and Litecoin (LTC) may incur network transaction fees (gas fees). These fees will be deducted from the amount of ETH or LTC deposited and are not paid to Coinbase Pro.
Once your money has been deposited into Coinbase Pro, you’ll be able to trade with it immediately. That’s all there is to it! In just a few simple steps, you’ve successfully deposited money into your Coinbase Pro account and are ready to start trading cryptocurrencies.