What is GDAX Pro and how does it differ from other cryptocurrency exchanges?

GDAX Pro was originally launched in 2015 as the professional trading platform for Coinbase, catering to more experienced crypto traders.

In 2018, GDAX was rebranded as Coinbase Pro to better align with Coinbase's main brand and offering.

Coinbase Pro offers advanced trading features like limit orders, market orders, and stop orders that are not available on the standard Coinbase platform.

The Coinbase Pro interface provides sophisticated charting tools and detailed order book data to help traders analyze market movements.

Coinbase Pro supports a wider range of cryptocurrencies compared to the standard Coinbase platform, with over 50 digital assets available for trading.

Transaction fees on Coinbase Pro are generally lower than on the standard Coinbase platform, making it more attractive for high-volume traders.

Coinbase Pro has robust security measures in place, including two-factor authentication and insurance on digital assets held on the platform.

As a regulated exchange, Coinbase Pro adheres to compliance standards, enhancing its credibility among professional traders.

During periods of high market volatility, Coinbase Pro has occasionally experienced technical issues and outages, leading to some user criticism.

Coinbase Pro offers margin trading capabilities, allowing traders to leverage their positions and potentially amplify their gains (or losses).

The exchange provides access to real-time market data and advanced order types, such as hidden orders and discretionary orders, catering to the needs of sophisticated traders.

Coinbase Pro has a dedicated support team and resources to assist users with technical questions and trading-related issues.