Coinbase Pro - Cryptocurrency Exchange

Coinbase Pro is a cryptocurrency trading platform and exchange that caters to more advanced and professional traders. It is a sister platform to Coinbase, which is a popular cryptocurrency exchange that is more beginner-friendly. Coinbase Pro was formerly known as GDAX (Global Digital Asset Exchange) before it rebranded in 2018.

Coinbase Pro offers a wide range of cryptocurrencies for trading, including popular ones like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and others. It provides a more robust set of features compared to Coinbase, targeting experienced traders who require advanced trading tools and functionality.

Some of the features offered by Coinbase Pro include:

1. Advanced Trading Interface: Coinbase Pro provides a more sophisticated and customizable trading interface compared to Coinbase. It offers various order types, including market, limit, and stop orders, enabling users to execute trades based on specific conditions and price levels.

2. Lower Fees: Coinbase Pro generally has lower trading fees compared to Coinbase. The fee structure on Coinbase Pro is based on a user's trading volume, with higher-volume traders enjoying lower fees.

3. Liquidity: Coinbase Pro benefits from sharing order books with Coinbase, which helps ensure liquidity and a deeper market for trading.

4. API Access: Coinbase Pro offers a comprehensive API (Application Programming Interface) that allows traders to integrate their own trading bots, algorithmic strategies, and third-party applications with the platform.

5. Margin Trading: Coinbase Pro supports margin trading, which enables users to trade with borrowed funds, amplifying potential gains or losses. However, margin trading involves additional risks and is suitable for experienced traders who understand the risks involved.

6. Mobile Apps: Coinbase Pro provides mobile apps for both iOS and Android devices, allowing users to manage their trades and access the platform on the go.

It's important to note that Coinbase Pro is a separate platform from Coinbase, even though they are operated by the same company. To use Coinbase Pro, you'll need to create a separate account and go through the verification process.