Gdax also called Coinbase Pro is an advanced crypto exchange platform where trading in crypto is made easy. This platform allows you to trade as many digital assets as you own. However, Coinbase Pro is secure and has an insurance policy for assets traded. It is supported by 6 different countries; Canada, Europe, Australia, Singapore, U.S., U.K. However, out of these 6 countries, only 3 (Canada, Australia and Singapore) only has access to cryptocurrencies and not fiat.
Also, Coinbase Pro does one more thing aside trading; it offers intuitive interface with live order books, trading history and log, charting tools and an easy order process in which all allows you to start trading from the moment you sign up on the site. Registration is fast and easy, within few seconds you are registered on the site already.
Coinbase Pro has different types of products on its platform, under this platform is Coinbase cryptocurrency exchange platform. Other products are;
1. Coinbase Prime
2. Coinbase Custody
3. Coinbase Commerce
4. Coinbase Platform.
Features of Gdax or Coinbase Pro
1. Incredible API: The advanced API technology grants you access to build a secure and programmatic trading bot.
2. Insurance-Guided: Digital assets are held in a cold storage; hence, funds are covered by FDIC insurance and this is up to $250,000 for each user.
3. No Marker Fees: Coinbase Pro ensures that there are no marker fees paid on trades executed.
- It has features to make trading easy to do.
- Digital assets are protected by insurance.
- To avoid confusion, it is better to have been described as Gdax, rather than Coinbase Pro.
- Customers may find it difficult to understand how Coinbase became a product under Coinbase Pro.