Coinbase Pro Cryptocurrency Exchange

Backed by trusted investors and used by millions of customers globally, Coinbase Pro is one of the most popular and well-known brokers and trading platforms in the world. The Coinbase Pro platform makes it easy to securely buy, use, store and trade digital currency. Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital walletavailable on Android & iPhone or through trading with other users on the company’s Global Digital Asset Exchange (GDAX) subsidiary. GDAX currently operates in the US, Europe, UK, Canada, Australia, and Singapore.

GDAX does not currently charge any transfer fees for moving funds between your Coinbase account and GDAX account. For now, the selection of tradable currencies will, however, depend on the country you live in. Coinbase, available to users in over 30 countries as of 2017, is the world's largest Bitcoin broker. Customers can buy bitcoin with a connected bank account, SEPA transfer, Interac Online, and many more payment methods.

In 2012, Coinbase Pro was launched in San Francisco, California. Since their launch, they’ve served over 8 million customers and helped users exchange over $20 Billion worth of digital currency. Currently users from 32 countries can use their services, including the United States.

Coinbase Pro operates differently from traditional cryptocurrency exchanges. Instead of requiring users to trade on a market, Coinbase directly sells cryptocurrency to users at a set price (based off the current market price). This allows users to buy their cryptocurrencies more quickly than on an exchange. It also allows them to accept credit cards (in addition to bank transfers), something few exchanges offer. After users have verified their Coinbase accounts, they can then purchase cryptocurrency instantly.

Fees range from roughly 1.49% to 3.99% fee, depending on your payment method. Credit cards come with the higher fee, due to the fees charges by credit card companies and risks of fraudulent chargebacks. This means you can save around 2.5% by using bank transfers. These fees are lower than other competitors who directly sell cryptocurrency to their users (Coinmama, CEX.IO).

Coinbase allows its users to buy and sell three of the most popular cryptocurrencies; Bitcoin, Ethereum, and Litecoin. While they plan to add more cryptocurrencies in the future, you’ll currently have to look elsewhere if you want to buy other altcoins.

Location: San Francisco, CA, USA