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What are the major differences in Coinbase vs Coinbase Pro?

Posted on 2/8/21 at 6:10 pm
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16315 posts
Posted on 2/8/21 at 6:10 pm
Is it just fee structure? Is one better for low volume traders vs high volume traders?
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
5901 posts
Posted on 2/8/21 at 8:02 pm to
Fees are lower on Pro and you can set limit buys and sells on Pro.
Posted by supadave3
Houston, TX
Member since Dec 2005
30263 posts
Posted on 2/8/21 at 8:08 pm to
Dumb question of the day:

Is BRD the same as Coinbase you all keep referring to? My app is named BRD.

Then I’ll shut up and let the adults talk.
Posted by HurricaneDunc
Houston
Member since Nov 2008
10472 posts
Posted on 2/8/21 at 8:31 pm to
Never could get the Pro app to work. Have converted my account but can only use it through a browser
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 2/8/21 at 8:34 pm to
I’m genuinely unsure of any good reason to use Coinbase over Coinbase Pro

The fees are night and day
Posted by SUG
Member since Nov 2015
492 posts
Posted on 2/8/21 at 10:31 pm to
Other than discovery never use coinbase they place a spread on trading price. Use limit orders on pro or another site
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80780 posts
Posted on 2/8/21 at 10:33 pm to
Pretty much just the fee structure. You can transfer your coins back and forth with no fees instantly. ALWAYS ALWAYS ALWAYS use Pro when buying coins off Coinbase
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80780 posts
Posted on 2/8/21 at 10:34 pm to
quote:

Is BRD the same as Coinbase you all keep referring to? My app is named BRD.
No clue what BRD is
Posted by BeepNode
Lafayette
Member since Feb 2014
10005 posts
Posted on 5/15/21 at 12:34 pm to
So, is it fair to say that Coinbase is good for holding because the website and app are so easy to use, but that Coinbase Pro should be used for transactions?

I'm not seeing a downside if there's no fees to transfer between Coinbase and Coinbase Pro.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80780 posts
Posted on 5/15/21 at 1:07 pm to
Yea that’s safe to say. You can hold on CB Pro if you wanted but regular Coinbase has a better interface if you are checking on your account.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 5/15/21 at 1:09 pm to
The staking rewards
Posted by Bamajedi
Member since Sep 2017
299 posts
Posted on 5/16/21 at 5:11 am to
Well I had no idea on the fee differences. I have logged into coinbase pro and it shows my account at zero while regular coinbase has my correct portfolio. What am I doing wrong?
Posted by lighter345
Member since Jan 2009
11865 posts
Posted on 5/16/21 at 6:25 am to
Nothing wrong. The portfolio will be different for each. It doesn’t aggregate the two. Try buying $5 of bitcoin in pro or transferring from coinbase and then look at your portfolio.
Posted by mtcheral
BR
Member since Oct 2008
1938 posts
Posted on 5/16/21 at 7:06 am to
You still have to transfer coins from Coinbase to CB pro
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 5/16/21 at 7:13 am to
quote:


You still have to transfer coins from Coinbase to CB pro

I have my paltry stash migrated to pro already
Posted by zzgobucky
Madison
Member since Sep 2016
1740 posts
Posted on 5/16/21 at 8:42 am to
BRD is Bread, that is a completely different app
Posted by jangalang
Member since Dec 2014
36543 posts
Posted on 5/16/21 at 11:21 am to
When is Coinbase going to accept my drivers license? That’s the real question.
Posted by seawolf06
NH
Member since Oct 2007
8159 posts
Posted on 5/17/21 at 7:45 am to
quote:

I’m genuinely unsure of any good reason to use Coinbase over Coinbase Pro



At some point there will be a membership fee to use CB Pro. For now, since it's free there is no downside.
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