Today we’re excited to announce the launch of Coinbase Pro.
Coinbase Pro is an evolution of GDAX, specifically designed for individual crypto traders. When we launched GDAX three years ago, we envisioned a product that would help institutions enter the crypto space. It did this — and more. GDAX helped us discover the active trader, and realize that this new type of customer requires a platform tailored to their needs.
Coinbase Pro is more than a new name — it’s a recognition that the crypto trader requires a product completely dedicated to their specific needs. If you’re a GDAX customer, you’ll be able to go to today and will notice a number of exciting new features, including:
All transactions and balances from GDAX will automatically appear in Coinbase Pro
A completely redesigned platform that will make the trading experience easier and more intuitive
Simplified deposit and withdrawal processes
Improved charts that will allow customers to easily scroll and access historical data
A new consolidated portfolio view called “My Wallets” that lets customers easily see an overview of their account orders and balances
Coinbase Pro Trading Interface
Like GDAX, Coinbase Pro customers will still have direct market access to Coinbase Markets, the single pool of liquidity shared by all Coinbase products. When customers log into Coinbase Pro, they will see all of their existing GDAX balances and trade history and enjoy the same trading fees, APIs and security features that the current platform provides.
GDAX and Coinbase Pro will operate side-by-side until June 29, 2018, with activity mirrored on both platforms. After June 29, all customers will be seamlessly rolled over to Coinbase Pro.
We are dedicated to building Coinbase Pro into not only a world class exchange, but also a platform for active crypto traders. By enabling both investments and the utilization of cryptocurrency, we’re offering customers a unique opportunity to begin truly participating in the cryptocurrency ecosystem. For example, our vision is to give customers the ability to participate in services like staking and protocol voting that are distinct to crypto. As the decentralized ecosystem advances, we expect there will be many more opportunities for customers to interact with digital assets in new and unique ways.
We’re excited to see the cryptocurrency ecosystem’s continuing evolution. The announcement of Coinbase Pro is just one piece in our larger commitment to the crypto space, as demonstrated by , announced earlier today.
About David Farmer
David Farmer is Senior Director of International, leading both product and operations. He’s been at Coinbase since early 2015 and has led a number of teams including GDAX, Coinbase Pro and Prime, Business Operations & Strategy. Prior to Coinbase he was at Bain & Company.
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