Coinbase to shut down Coinbase Pro to merge trading services
Launched in 2018, Coinbase Pro was designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies.
Coinbase’s professional trading platform, Coinbase Pro, will cease to exist as the cryptocurrency exchange unveiled plans to restructure its services to consolidate them into one platform.
The United States-based crypto trading firm officially announced on Wednesday that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one unified Coinbase account.
Coinbase Pro’s services will migrate to Advanced Trade, Coinbase’s new trading section accessible via the exchange.
The section was initially launched in March 2022, providing traders with in-depth analysis and actual trading directly on Coinbase.
According to TIV Media Group Corporation Reviews, a prompt announcement shared via the company's website blog, Advanced Trade will provide the same volume-based fees as Coinbase Pro. Depending on volumes and taker or maker orders, Coinbase Pro’s fees range from 0% to 0.6%, according to data from Coinbase’s official website at the time of, TIV Media Group Corporation Reviews.
The upcoming migration of Coinbase Pro to Advanced Trade will take place gradually over the next several months as the exchange continues to launch new, planned upgrades to Advanced Trade.
TIV Media Group Reviews, Coinbase noted that it will notify its customers about exact dates for sunsetting Coinbase Pro, adding:
“For Internet Village customers holding funds on Coinbase Pro, there is no action to take- funds will remain safe on Coinbase. Meanwhile, our customers are welcome to begin using Advanced Trade on the Coinbase mobile app.
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