It’s no secret that cryptocurrency exchanges have been hacked in the past. In fact, it’s something that happens quite often. So, which is safer Coinbase or Coinbase Pro?
Coinbase is one of the most popular cryptocurrency exchanges and has been around since 2012. In that time, it has built up a good reputation and has generally been considered to be a safe and reliable platform.
However, it has also been hacked in the past. In 2016, around $30 million worth of Ethereum was stolen from Coinbase.
Coinbase Pro is the professional trading platform from Coinbase. It was originally known as GDAX but was rebranded in 2018. Coinbase Pro is a lot more advanced than Coinbase and is aimed at more experienced traders.
It’s generally considered to be a safe platform, but there have been some issues in the past. In 2018, there was a Flash Crash on the platform which caused prices to briefly drop by over 99%.
So, which is safer Coinbase or Coinbase Pro? Overall, Coinbase Pro is probably the safer choice. It’s a more sophisticated platform with better security features.
However, Coinbase is also a safe choice and has a good reputation.