Coinbase, Exchanges

Is Coinbase Prime Free?

As one of the most popular digital asset exchanges in the world, Coinbase has been a go-to platform for many crypto traders. But what some users may not know is that the exchange offers a premium service called Coinbase Prime.

In this article, we’ll take a look at what Coinbase Prime is and whether or not it’s free to use.

What is Coinbase Prime?

Coinbase Prime is a professional trading platform offered by Coinbase. The exchange launched Coinbase Prime in March 2018 as a way to provide institutional investors with a more sophisticated trading experience.

Since its launch, Coinbase Prime has become one of the most popular digital asset exchanges among institutional investors.

Coinbase Prime offers a number of features that are designed for professional traders. These include advanced order types, margin trading, and API access.

NOTE: WARNING: Coinbase Prime is not free. There are fees associated with using Coinbase Prime, including a trading fee, a spread fee and a withdrawal fee. Before using Coinbase Prime, please ensure that you understand the associated costs.

The platform also offers 24/7 customer support and is regulated by the Financial Industry Regulatory Authority (FINRA).

One of the key features of Coinbase Prime is its margin trading feature. This allows users to trade with leverage, which can be helpful for those looking to make bigger trades.

However, it’s important to note that margin trading comes with risks and can lead to losses if not used properly.

Is Coinbase Prime Free?

No, Coinbase Prime is not free to use. The platform charges a monthly subscription fee of $200, which gives users access to all of its features.

However, there is a free trial available for those who want to try out the platform before committing to a subscription.

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