As products of Coinbase Global, Coinbase and Coinbase Pro offer easy access to cryptocurrencies but cater to different audiences. While Coinbase prioritizes simplicity for beginners, Coinbase Pro targets professional traders with advanced tools. This guide explores the key distinctions between the two platforms to help you choose the best fit for your crypto journey.
👉 Compare crypto exchanges side by side
Key Takeaways
- Coinbase is ideal for beginners with its user-friendly interface and automated features.
- Coinbase Pro (now transitioning to Advanced Trade) offers lower fees and advanced trading tools for experienced users.
- Both platforms share high security standards, regulatory compliance, and insured assets.
- Advanced Trade replaces Coinbase Pro, integrating enhanced functionalities like dynamic charting and API support.
What Is Coinbase?
Coinbase is a leading crypto exchange founded in 2012, serving over 50 million users globally. Known for its intuitive design, it supports buying, selling, and storing major cryptocurrencies like Bitcoin and Ethereum.
Coinbase at a Glance
| Feature | Details |
|-----------------------|------------------------------------------|
| Fees | 0%–0.4% (maker), 0.05%–0.6% (taker) |
| Supported Assets | 250+ cryptocurrencies |
| Security | 98% cold storage, FDIC-insured USD |
| Best For | Beginners, long-term investors |
What Is Coinbase Pro?
Launched in 2015, Coinbase Pro (now Advanced Trade) is a premium platform for active traders, featuring:
- Lower fees: Scalable rates based on 30-day trading volume (0.00%–0.60%).
- Advanced tools: Real-time charts, limit orders, and API integration.
- Margin trading: Leverage up to 3x for eligible users.
👉 Explore advanced trading features
Coinbase vs. Coinbase Pro: Key Differences
1. Fees
| Platform | Maker Fee | Taker Fee |
|-------------------|-----------|-----------|
| Coinbase | 0.40% | 0.60% |
| Coinbase Pro | 0.00% | 0.60% |
Coinbase Pro’s tiered fees reward high-volume traders.
2. Features
| Feature | Coinbase | Coinbase Pro |
|----------------------|----------|--------------|
| Beginner-friendly | ✅ | ❌ |
| Advanced charting | ❌ | ✅ |
| Margin trading | ❌ | ✅ |
| NFT marketplace | ✅ | ❌ |
3. Security
Both platforms offer:
- 2FA authentication.
- Cold storage for 98% of funds.
- FDIC insurance for USD balances.
Frequently Asked Questions (FAQs)
1. Should I use Coinbase or Coinbase Pro?
- Choose Coinbase for simplicity and casual investing.
- Opt for Coinbase Pro (or Advanced Trade) for lower fees and professional tools.
2. Is Coinbase Pro being phased out?
Yes, it’s transitioning to Advanced Trade, which retains Pro’s features with added upgrades.
3. Can I transfer funds between Coinbase and Coinbase Pro?
Yes, internal transfers are free and instant.
4. Which platform has better security?
Both are equally secure, employing cold storage and 2FA.
5. Does Coinbase Pro support staking?
No, staking is only available on Coinbase.
Final Verdict
- For beginners: Coinbase’s streamlined interface simplifies crypto investing.
- For traders: Coinbase Pro (or Advanced Trade) delivers cost efficiency and robust tools.
Align your choice with your experience level and trading goals.