Coinbase Pro Explained

Coinbase has launched Coinbase Pro. Coinbase Pro replaces GDAX. It is effectively the same as GDAX with a few improvements to the user interface.

Essentially there isn’t much to say about Coinbase Pro due to the fact that it is so similar to GDAX, but let me run through a few important notes:

  1. Coinbase Pro is quick and slick. That is to say, it seems to run a bit faster than GDAX and looks nice.
  2. Your open orders are ordered from lowest to highest (it used to be highest to lowest for buys).
  3. You can zoom into the price chart and the price chart shows a longer period of data. The price chart used to be static and only show a short period of historic data, now you can zoom in by rolling your mouse wheel up or down (or the equivalent on other mice) and see more historic price data.
  4. You can click my wallets to view your balances. This is actually really useful for seeing your total dollar amounts and crypto amounts. That information was generally there in GDAX, but it is easier to view now.
  5. You can click my orders to view all your open orders on one screen and see your total volume of trades and fees from the past 30 days. That information was generally there in GDAX, but it is easier to view now.
  6. One note is that you can no longer click your balance to have it fill in a limit order for you. You know have to click the “max” button under amount. These are the sorts of very small and almost cosmetic differences between GDAX and Coinbase Pro.

The bottom line being, Coinbase Pro and GDAX are very similar… but Coinbase Pro presents everything in a more streamlined way and may in fact be a little quicker. 99% of what GDAX did Coinbase Pro does the same or better, but there were a few features on GDAX that seem to be lacking (like the feature described in point 6 above). Overall, if you use GDAX, you’ll want to (and I think need to) switch to Coinbase Pro.

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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