Cryptocurrency market company Coinbase is starting a mobile app for its exceptional users today.
For now, you can download the Coinbase Pro mobile app on iOS, and the Android version will be coming in soon.
Who is Coinbase Pro?
Coinbase Pro is the company’s market that allows you to set up high-level type orders, such as limit orders.
Those are reasonably standard features for a cryptocurrency market.
But Coinbase has set up a separate “pro” platform so that the primary Coinbase.com market continues to be as easy and open as possible.
You can additionally use Coinbase Pro on your phone.
According to users who have been working around with the app, it features everything you would expect.
At the first tab, you can view a list of trading pairs.
If you click on a pair, you can see real-time candles, the order book, your existing orders as well as trade records for this particular pair.
You further can set up an order to purchase and sell cryptocurrencies from every trading pair page.
At the second tab, you can view your portfolio of crypto assets and its worth in fiat currencies.
You can also deposit or remove cryptocurrencies from the mobile app.
Unfortunately, if you want to deposit or remove fiat currencies USD, EUR, GBP, etc., the app directs you to go over to the website.
Lastly, you can view your prior and current orders, and also verify your charges and limits.
Coinbase raised a few of its trading prices on Coinbase Pro for low-capacity accounts just last week.
The Financial Comparison
It is presently more costly to trade on Coinbase Pro if you buy less than the equivalent of $50,000 across 30 days.
And if you trade less than $10,000 over 30 days, it now takes 0.50% in maker and taker fees.
While Kraken charges 0.26% in taker fees if you trade less than $50,000 in the last 30 days, Binance charges 0.1% in trading payments.
With these new trading fees, it seems like Coinbase is certainly targeting pro users with Coinbase Pro.
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