Coinbase Pro digital currency exchange review

US-based Coinbase Pro is a popular digital asset exchange that makes depositing and withdrawing funds quick and straightforward.

Coinbase Pro offers high-volume digital currency trading and wallet services to US and global clients. Like fiat currencies, digital currencies offered through Coinbase Pro are traded against the US dollar.

5.0 ★★★★★ (2 reviews) Write a review

3

Fiat currencies

128

Cryptocurrencies

Details

Product Name Coinbase Pro
Fiat Currencies USD, EUR, GBP
Cryptocurrencies BTC, ETH, XRP, BCH, EOS, LTC, XLM, DASH, ETC, ZEC & 110+ more
Deposit Methods Bank transfer
Cryptocurrency
Debit card
PayPal
Wire transfer
Trading Fee Maker: 0-0.50%
Taker: 0.04-0.50%
Deposit Fees Cryptocurrency: None
ACH: None
SEPA: €0.15 EUR
Wire transfer: $10 USD
Withdrawal Fees Cryptocurrency: None
ACH: None
SEPA: €0.15 EUR
Wire transfer: $25 USD

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Which fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD, EUR, GBP
  • Supported cryptocurrencies: Approximately 128 cryptocurrencies

Which payments methods are accepted?

  • Bank transfer
  • Cryptocurrency
  • Debit card
  • PayPal
  • Wire transfer

What is Coinbase Pro?

Coinbase Pro is an online digital currency exchange that gives institutions and professionals the ability to trade the world’s leading cryptocurrencies.

Coinbase Pro is highly liquid and tapped into one of the world’s biggest cryptocurrency networks. It offers advanced trading features, competitive fees and many deposit options.

The exchange is backed by some of the industry’s biggest traders, such as the New York Stock Exchange and Andreessen Horowitz, the private American venture capital firm.

Supported countries

Coinbase Pro currently operates in countries including the United States, Europe (including UK), Canada, Australia and Singapore.

Fees and charges

Coinbase Pro operates a “maker-taker” model on deposits and withdrawals, where fees are assessed as a percentage of the quoted currency.

User 30-day volume (USD equivalent)Maker feeTaker fee
$0 to $10,0000.50%0.50%
$10,000 to $50,0000.35%0.35%
$50,000 to $100,0000.15%0.25%
$100,000 to $1 million0.10%0.20%
$1-$10 million0.08%0.18%
$10-50 million0.05%0.15%
$50-100 million0.00%0.10%
$100-300 million0.00%0.07%
$300-500 million0.00%0.05%
$500 million +0.00%0.04%

Here’s a list of deposit and withdrawal fees charged by ACH, SEPA, USD Wire and Swift.

  • ACH Deposit: Free
  • ACH Withdrawal: Free
  • SEPA Deposit: €0.15 EUR
  • SEPA Withdrawal: €0.15 EUR
  • USD Wire Deposit: $10
  • USD Wire Withdrawal: $25
  • Swift Deposit: Free
  • Swift Withdrawal: £1 GBP

How fast will my funds be available?

ACH bank transfers may take several days to process. Wire transfers can be credited to your account on the same day, provided they are initiated before the daily cut-off time, which is usually around 2 p.m. ET.

Are there any transfer limits?

Coinbase Pro has a daily limit of $25,000 or equivalent or per day. To increase your daily limits, you can go to the limits section of your account settings and opt to increase limits.

Is Coinbase Pro secure?

Coinbase Pro is considered to be one of the safer and more reliable exchanges. Not only has it never been hacked, it’s supported by leading investors and maintains an insurance policy whose coverage exceeds aggregate customer holdings.

This policy covers theft of digital currency resulting from a security breach, hack or employee theft. Note that this insurance does not cover theft resulting from unauthorized access to your account.

Because account verification requires photo ID and proof of address, Coinbase Pro is considered less private than other platforms.

Compare alternatives to Coinbase Pro

Coinbase Digital Currency Exchange

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Supported Cryptocurrencies

AAVE, BAT, BTC, BCH, BAL, DAI, DASH, EOS, ETH, ETC & 150+ more

Supported Cryptocurrencies

BTC, ETH, LTC, ETC, DASH, BCH, XLM, NEO, EOS, MIOTA & 10+ more

Deposit methods

Bank transfer (ACH), Debit card, PayPal, Wire transfer, Apple Pay

Deposit methods

Wire transfer, Online banking

Trading Fee

Fees vary

Trading Fee

Fees vary

Withdrawal Fees

Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55
Outgoing Wire Transfer: $25
Fees vary by location and payment method.

Withdrawal Fees

None. Minimum withdrawal amount is $50.

Customer support

Coinbase Pro offers a comprehensive FAQ section on its main site, which answers many common questions users have.

Each page in its support section also has a Submit a Request button at the very bottom, where you can reach out to customer support with any issues related to account transactions, ID verification, security, technical questions regarding API or other inquiries.

Pros and cons

Pros

  • Suited for professional traders
  • Competitive fees
  • Access to some of the world’s leading cryptos
  • Fully regulated in the United States
  • Highly liquid

Cons

  • Fewer altcoins to choose from
  • Not ideal for beginners

Compare Coinbase Pro against other exchanges

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Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

25
cryptocurrencies

Get a $10 bonus when you deposit $100 or more.
Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

37
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX exchange offers a range of cryptocurrencies, up to 10x leverage, access to global liquidity, no-fee debit cards for FTX users, fee-free first ACH deposit and benefits for FTT token holders.
SoFi Cryptocurrency Exchange
SoFi Cryptocurrency Exchange
Bank transfer
USD

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cryptocurrencies

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Instantly purchase a handful of leading cryptocurrencies with the SoFi app, which also insures your coins against potential hacks or theft.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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Next steps

The first step is to consider the features of the platform and decide whether it suits your needs. To get started with Coinbase Pro, head over to its website and select Create Account. After signing up and verifying your credentials, you’ll be ready to start trading.

Frequently asked questions

  • How do I cancel an order?

Coinbase Pro users may cancel their order by selecting the order they wish to annul and choosing Cancel.

  • Why is my available balance less than my total?

If your available balance is less than your total, you have open orders. These orders are not part of your available balance.

  • How long will my order stay an open order?

All newly opened orders are marked as “open orders.” An open order becomes a “partially matched order” when it partially matches another user’s order. It becomes a complete order only when all of your order matches other user orders.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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