What’S The Difference Between Coinbase And Coinbase Pro?

Do you have to pay for Coinbase pro?

There are no fees for signing up or having a Coinbase Pro account.

There are also no fees for holding funds in your Coinbase Pro account and you may hold assets as long as desired..

How do I avoid Coinbase fees?

Bitcoin has the most expensive transfer fees on Coinbase. One way to reduce transfer fees is to exchange Bitcoin to another cryptocurrency such as Litecoin or Bitcoin Cash. These coins will be cheaper to transfer, and could be exchanged back to Bitcoin once the transfer is complete on the receiving exchange.

Is Coinbase and Coinbase pro the same?

To better highlight the difference between these two products: Coinbase remains a place for consumers to easily buy, sell, and store digital currency. Coinbase Pro (formerly GDAX) is an exchange for professionals to trade digital assets.

Can I use my Coinbase account for Coinbase pro?

Please note that a single individual may only operate one account with Coinbase Pro and Coinbase.com. If you already have a Coinbase account and would like to open a Coinbase Pro account, please use the same login email address.

How do I convert Coinbase to Coinbase pro?

To transfer funds from your Coinbase wallet to your Pro wallet, follow these steps:Go to the Coinbase Pro trading page.Select Deposit under Wallet Balance (a pop up window will appear)Select the currency type (i.e. BTC, ETC) that you’d like to deposit to Pro from Coinbase.Select Coinbase Account.More items…

Why is Coinbase pro cheaper than Coinbase?

Coinbase Pro was designed to meet the needs of professional traders who want advanced trading features. The most significant difference is in the fees charged by each platform. As the fees charged by Coinbase are high, many Coinbase users embrace Coinbase Pro to make the fees significantly less or even 0%.