Hello Advanced Trade, goodbye Coinbase Pro

Tl:dr

• Later this yr, we’ll start sunsetting Coinbase Pro emigrate all superior buying and selling into one unified Coinbase account, bringing clients entry to standard options like staking, Borrow, dapp wallet, and Coinbase Card from a single platform stability.
• Advanced Trade on Coinbase.com is already obtainable globally, with the identical volume-based charges as Coinbase Pro.
• Over the approaching weeks, we’ll be rolling out Advanced Trade within the Coinbase cell app together with different enhancements to make Advanced Trade an improve from Coinbase Pro for each buyer.
• We’ll notify clients once more after we are able to share concrete dates for sunsetting Coinbase Pro.

by Dan Stone, Group Product Manager and Andrew Herman, Engineering Manager

We launched Coinbase Pro in 2018 as a device for superior merchants to conduct technical evaluation and place trades by interacting straight with the Coinbase Exchange order ebook. Customers have instructed us how they love the facility and singular focus of Coinbase Pro for getting, promoting, and swapping crypto.

Meanwhile, on Coinbase.com and the Coinbase app, we’ve got been including superior crypto options to foster deeper engagement with the cryptoeconomy, resembling staking, Borrow, dapp wallet, and Coinbase Card, along with enhancements to our core buying and selling expertise.

As a consequence, many shoppers depend on Coinbase Pro and Coinbase.com for overlapping units of options, and sometimes expertise friction when transferring balances back-and-forth between the 2 merchandise.

To resolve this friction and provide clients one of the best of each worlds, we’ve got rebuilt the total Coinbase Pro superior buying and selling expertise inside the Coinbase cell app and Coinbase.com. As we proceed so as to add extra options to Advanced Trade on Coinbase, we’ll sundown Coinbase Pro later this yr.

World class buying and selling on one platform

After growing a greater different for our Coinbase Pro clients, we released Advanced Trade on Coinbase.com earlier this yr. Advanced Trade is provided with all of the capabilities of Coinbase Pro, however upgraded with probably the most seamless Coinbase expertise to make knowledgeable trades, sooner and simpler.

Advanced Trade affords extra in-depth technical evaluation, superior real-time order books, and charting powered by TradingView to assist clients analysis and analyze crypto markets earlier than making funding choices.

It additionally affords improved order flows to make it simpler and sooner to position market, restrict, or cease restrict orders straight on Coinbase Exchange, which affords one of many deepest swimming pools of liquidity.

All that is inside a single account stability so clients can entry automated staking rewards to earn as much as 5% APY on eligible crypto balances like USDC, ETH2, and DAI.

Advanced Trade can be augmented by extra Coinbase-wide safety infrastructure like 24/7 monitored chilly storage amenities, USD held at FDIC-insured establishments, YubiKey for cell, and vaults.

More Advanced Trade updates, coming quickly

We’re excited to proceed constructing Advanced Trade as an upgraded expertise for Coinbase Pro clients, with cell app assist now launching.

We’ll even be including cell cease restrict orders, extra charting and order kind upgrades, and full REST API & WebSocket assist quickly. Looking ahead, Advanced Trade will function a hub for our most superior merchants, enhancing much more as we launch new options. Until then, present clients will nonetheless have entry to Coinbase Pro.

Over the following a number of months, we’ll proceed to launch new upgrades to Advanced Trade earlier than starting to sundown Coinbase Pro. We will share updates as we achieve this. For clients holding funds on Coinbase Pro, there isn’t a motion to take- funds will stay secure on Coinbase. Meanwhile, clients are welcome to start utilizing Advanced Trade on the Coinbase cell app and Coinbase.com.

To get began, clients might want to fund their Coinbase accounts in the event that they haven’t already by depositing funds or transferring funds straight from Coinbase Pro by following these steps:

1. Log into Coinbase Pro and choose “Portfolios”
2. Choose “Withdraw” on the highest proper
3. Select the cryptocurrency you wish to switch, or “All Portfolios” to switch all property to Coinbase.com
4. Choose “Transfer to Coinbase”
5. Then go to Coinbase.com/advanced-trade or faucet the “Advanced Trade” drop down from the Trade tab within the Coinbase cell app to get began with Advanced Trade

To study extra about Advanced Trade, try the most recent tips and tutorials on Coinbase Learn, and comply with us on Twitter @Coinbase for extra updates.

Hello Advanced Trade, goodbye Coinbase Pro was initially printed in The Coinbase Blog on Medium, the place persons are persevering with the dialog by highlighting and responding to this story.