How does Coinbase Pro compare to Coinbase in terms of trading fees and available cryptocurrencies?
codecatDec 24, 2021 · 3 years ago3 answers
Can you provide a detailed comparison between Coinbase Pro and Coinbase in terms of their trading fees and the cryptocurrencies they offer?
3 answers
- Dec 24, 2021 · 3 years agoCoinbase Pro and Coinbase are both popular cryptocurrency exchanges, but they have some key differences when it comes to trading fees and available cryptocurrencies. Coinbase Pro is known for its lower trading fees compared to Coinbase. Coinbase Pro uses a maker-taker fee structure, where makers (users who provide liquidity to the order book) are charged lower fees than takers (users who take liquidity from the order book). The fees range from 0.04% to 0.50% depending on the trading volume. On the other hand, Coinbase charges higher fees, ranging from 1.49% to 3.99%, depending on the transaction amount and payment method. In terms of available cryptocurrencies, Coinbase Pro offers a wider range of options compared to Coinbase. Coinbase Pro supports more than 50 cryptocurrencies, including popular ones like Bitcoin, Ethereum, and Litecoin, as well as lesser-known altcoins. Coinbase, on the other hand, offers a more limited selection of cryptocurrencies, currently supporting around 30 coins. Overall, if you're a frequent trader looking for lower fees and a wider range of cryptocurrencies, Coinbase Pro may be the better option for you.
- Dec 24, 2021 · 3 years agoWhen it comes to trading fees and available cryptocurrencies, Coinbase Pro and Coinbase have some notable differences. Coinbase Pro generally offers lower trading fees compared to Coinbase. Coinbase Pro uses a tiered fee structure based on trading volume, with fees ranging from 0.04% to 0.50%. On the other hand, Coinbase charges higher fees, ranging from 1.49% to 3.99%, depending on the transaction amount and payment method. In terms of available cryptocurrencies, Coinbase Pro supports a wider range of coins compared to Coinbase. Coinbase Pro offers more than 50 cryptocurrencies, including popular options like Bitcoin, Ethereum, and Ripple, as well as lesser-known altcoins. Coinbase, on the other hand, supports around 30 cryptocurrencies. So, if you're looking for lower fees and a greater variety of cryptocurrencies, Coinbase Pro might be the better choice for you.
- Dec 24, 2021 · 3 years agoCoinbase Pro and Coinbase differ in terms of trading fees and available cryptocurrencies. Coinbase Pro generally has lower trading fees compared to Coinbase. Coinbase Pro uses a maker-taker fee model, where makers are charged lower fees for providing liquidity to the market, while takers pay slightly higher fees for taking liquidity. The fees on Coinbase Pro range from 0.04% to 0.50% depending on the trading volume. On the other hand, Coinbase charges higher fees, ranging from 1.49% to 3.99%, depending on the transaction amount and payment method. In terms of available cryptocurrencies, Coinbase Pro offers a wider selection compared to Coinbase. Coinbase Pro supports more than 50 cryptocurrencies, including popular options like Bitcoin, Ethereum, and Litecoin, as well as smaller altcoins. Coinbase, on the other hand, supports around 30 cryptocurrencies. So, if you're looking for lower fees and a greater variety of cryptocurrencies, Coinbase Pro is worth considering.
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