Difference Between Coinbase and Coinbase Pro | Coinbase vs. Coinbase Pro

Choosing the right broker to buy your cryptocurrencies is a difficult process. There are so many options out there. So which one is trustworthy?

We're going to compare Coinbase and Coinbase pro. Which of these two is better?  

What's actually the difference between coinbase and coinbase pro? 

Overview on Coinbase and Coinbase Pro

First of all let me give you initial thoughts and overview on coinbase and coinbase pro 

Coinbase

Features

In terms of features both of thes are good. 

Coinbase is a bit more simple to use Coinbase pro offers a lot more trading features.

Usability difference between two

They are also extremely usable especially the regular coinbase platform and app are very user-friendly and easy to use.

Coinbase pro requires a lot more training and a little more effort to figure out how exactly the platform works.

Difference of Coinbase and Coinbase Pro Fees

In terms of fees coinbase pro clearly does better than coinbase offering a lot of reduction in fees especially for high volume trades.

Having fees as low as 0.04 percent per trade.

Research Difference

When it comes to the research capabilities coinbase and coinbase pro do not offer a lot coinbase pro offers even less in terms of fundamental background research of different cryptocurrencies and assets than coinbase does.

Coinbase itself does have a very nice educational resource for beginner crypto investors that you can use.

Security Difference between two

In terms of security both of these sites do excellent jobs both of these platforms do excellent jobs in securing your funds through insurance and offline storage.

Conclusion:- 

So overall both of these good enough. 

Coinbase is a lot better suited for novice crypto investors 

Coinbase pro is really much uh more aimed at crypto traders and professional traders which also allows automating a crypto investing strategy.

What is Coinbase?

Coinbase essentially is just an easy to use platform to buy and sell cryptocurrencies and also manage your cryptocurrency portfolio.

In addition to this they have now launched a new program called earn crypto or coinbase earn which allows you to earn up to 121 dollars by actually learning about cryptocurrencies and then getting paid in crypto.

Coinbase is actually best for 

• Starting out with crypto, 
• Simple crypto investing
• Crypto portfolio management

Coinbase Pro

Coinbase coinbase pro on the other hand as you can see here offers a lot more of a complex trading window and is a secure and insurance-backed crypto trading platform for more or less professional traders 

So coinbase pro is really best for day trading and high frequency trading and high volume trading 

Also if speed is important to you and execution then coinbase pro is for you 

Another great feature they offer is automated trading or rather a an api that you can integrate with to create your own trading strategies or use a third-party app to integrate with coinbase pro.

Difference between Conbase and Coinbase Pro Features

Overview of features that coinbase and coinbase pro share or don't share.

Earn Crypto

So first of all the ability to earn crypto. This is something that is unique in coinbase that you can learn about crypto and earn actually between 6 to 6t dollars per course on crypto.

In coinbase you don't have this coinbase pro you don't have this feature.

Vaults

Vaults are another feature that are available in coinbase only 

Vaults essentially store your crypto for a given period of time and block any any transactions in that cryptocurrency. So it's safe vaults keep your crypto somewhat safe from attacks and hackers.

Recurring Buys

Understanding Recurring buys feature in Coinbase - Another feature that is only available in coinbase is recurring buys. So you can set it's kind of like a dollar cost averaging for cryptocurrencies which you can use in coinbase to buy cryptocurrencies as at set intervals.

So let's say monthly or weekly you could set a certain amount that you would like to purchase in Cryptos 

Coinbase pro does not offer this feature but of course they do offer an api which essentially also lets you code and automate recurring buys with coinbase pro. 

Market Orders

Market orders are the simplest orders that you can place or spot orders the simplest orders you can praise place in the crypto market which get executed at market price.

Both of these uh these orders are available at both coinbase and coinbase pro 

Limit Orders

The more complex orders such as limit orders or trailing stop orders are only available on convey coinbase pro 

Coinbase does not offer this limit orders feature.

Margin Trading

Coinbase pro also offers margin trading which is when you leverage a position that you have in on a certain crypto trading pair 

Paypal

Paypal on the other hand is only available through the coinbase.com platform.

You cannot top up your coinbase pro account directly via paypal, However you are able to also um top up your coinbase account and then transform transfer funds easily and instantly from coinbase to coinbase pro. 

So this is not really a downside of coinbase pro. 

Insurance

Both of these funds offer insurance and are also available mostly i should say to us customers.

Information about US Customers

If you are in the U.S, so neither coinbase nor coinbase pro is actually available in Hawaii and a lot of these lot of different states have different regulations.

So you will have to check actually if your state or what kind of trading pairs are available in your state.  This really varies by license regulations per state so make sure to see if the the crypto pair that you actually want to trade is available in your state.