Coinbase Pro is an exchange run by San Francisco based Coinbase. It has been active since 2015 and supports Bitcoin, Litecoin, Ether and Bcash trading.

We may receive compensation when you use Coinbase Pro. This post contains affiliate links. Disclosure.

Buy Bitcoin at Coinbase Pro

What is Coinbase Pro?

coinbase pro

Buying Bitcoin for the first time can be confusing – that’s why Coinbase was created. It’s a simple platform, designed for ease of use and simplicity. Most people will use Coinbase when they buy for the first time. Unfortunately, they charge a fee for that convenience.

Coinbase charges 1.49% on all transactions made with a bank account, and 3.99% for debit/credit cards – these expenses will add up quickly, especially if you are trading often.

The Global Digital Asset Exchange, more commonly known as Coinbase Pro, is one of the most popular cryptocurrency exchange platforms. Coinbase also owns Coinbase Pro, but it is not meant for beginners.

Coinbase Pro is a superb alternative for more experienced crypto traders. Transactions are instant once cash has been deposited.

Coinbase Pro Interface

The interface of the exchange is sleek and straightforward, especially for more advanced traders.

The UI includes the order book, trade history, open orders, your balance, an order entry panel, and a candlestick price chart. The chart can be displayed as a line chart if you prefer, with time intervals between one minute and one day.

Coinbase Pro Fees

Coinbase Pro is beloved by many for its incredibly low fees, ranging from 0% to 0.50% for taker trades. Compared to Coinbase’s fees, an upwards of 4.00% for credit/debit card transactions, Coinbase Pro is advantageous for any crypto investor.

30-Day Volume (USD) Taker Fee Maker Fee
Up to $10K 0.50% 0.50%
$10K - $50K 0.35% 0.35%
$50K - $100K 0.25% 0.15%
$100K - $1M 0.20% 0.10%
$1M - $20M 0.18% 0.08%
$20M - $100M 0.15% 0.05%

Coinbase Pro’s fees do get lower the more you trade, although you need to have $50,000 more of volume in order to get a fee reduction.

Withdrawal fees

Historically, Coinbase has paid the network fees when a user withdrawals crypto from coinbase pro to their personal wallet. However, on September 18, 2020, Coinbase announced that they would be passing these fees onto the the user when they make a withdrawal. This is because the fees on many of these chains have become so high due to network activity (especially on Ethereum where ‘Defi’ transactions are becoming incredibly cumbersome), that Coinbase cannot profitably pay them.

Coinbase will tell you exactly what they are going to charge you for this withdrawal fee before you make it, so don’t worry about any ‘gotchas’. Also understand that Coinbase is not profiting from this fee. They are merely passing a fee that the network charges them to make the transaction to your wallet.

Payment Methods

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To start trading with Coinbase Pro, a bank transfer or SEPA transfer is required.

After verifying your bank account, an ACH bank transfer deposit will usually take 3-5 business days, and they are free. SEPA transfers usually clear within 24 hours.

Same day bank wires are also available, but only to Coinbase Pro customers with USD-denominated order books. Wire deposits appear in your Coinbase Pro account on the same day, as long as the order was submitted before the cut-off for that day – usually 2 PM. Note that same day wire transfers will cost you $10 USD in addition to your bank’s fees for wire transfers.

If you’re already a Coinbase account holder, you can transfer funds from your Coinbase account to your Coinbase Pro account, instantly and free of charge.

Currency Support

Depending on where you live, different trading pairs (BTC/USD, ETH/BTC, etc.) will be available to you. As far as fiat currencies go, Coinbase Pro supports the American Dollar, the Euro, and the British Pound.

For a full list of supported coins, see below:

coinbase pro assets

Country Support

Fiat-to-Crypto and Crypto-to-Crypto Trading Allowed

Andorra Greece Malta Austria Guernsey
Monaco Belgium Hungary Netherlands Bulgaria
Iceland Norway Croatia Ireland Poland
Cyprus Isle of Man Portugal Chechnya Italy
San Marino Denmark Jersey Slovakia Estonia
Latvia Slovenia Finland Liechtenstein Spain
France Lithuania Sweden Germany Luxembourg
Switzerland United States*

*Coinbase Pro is supported in the United States, except for Hawaii.

Crypto-to-Crypto Trading Only

Argentina Australia Bahrain Brazil British Virgin Islands
Canada Cayman Islands Chile Colombia Costa Rica
Dominican Republic** Ecuador Ghana Guatemala Hong Kong
India Indonesia Jamaica Jordan Kazakhstan*
Kenya** Kuwait Mexico Mongolia New Zealand
Oman Panama Peru Philippines Serbia
Singapore South Africa** South Korea Taiwan Tunisia
Turkey** Uganda** United Kingdom Uruguay** Uzbekistan

**USDC restricted country.

Limits and Liquidity

Deposits of Bitcoin, Ethereum, Litecoin and other coins into your Coinbase Pro wallet are unlimited – likewise, there is no restriction on deposits in USD via a wire transfer. You can trade to your heart’s content, as many times as you desire, without a limit on your balance or the number of trades you can make.

Coinbase Pro offers its users a highly liquid trading platform. You can withdraw $10,000 per day from an individual account, and $50,000 per day from an institutional account. They allow higher withdrawal limits upon request and approval.

For more information regarding limits and liquidity, check out their official trading rules page.

The Ethereum Flash Crash

mining ethereum icon

On June 21, 2017, there was a flash crash on Coinbase Pro’s Ethereum exchange. A multi-million dollar selloff took place all at once, resulting in Ethereum’s price to drop from $319 to $0.10.

After launching an investigation, those who lost money were refunded by Coinbase Pro, and the price rebounded quickly. Some speculated they were tampering with the market, but their actions to resolve the situation cleared their name.

Coinbase Pro performs regular IT security checks and financial audits. Moreover, USD balances of up to $250,000 are FDIC insured. If you trade on their exchange platform, your funds are backed by the United States government.

Coinbase Consumer

Coinbase Consumer is Coinbase’s brokerage service. This is where you source bitcoins directly from them. Coinbase Pro is better suited for advanced traders, while Coinbase Consumer is better for new users.


Coinbase is the gateway drug of crypto – its simple and intuitive platform makes it easy for first time buyers. However, Coinbase’s simplicity comes at a price.

After a few trades, you’ll probably get the hang of things. There is no reason to pay such significant fees for every trade. Coinbase Pro is a popular and trusted exchange. Its minuscule fees and straightforward design render it a great exchange for the avid crypto investor.

If you are looking for a safe exchange with high volume and liquidity, Coinbase Pro is a compelling choice. Its low transaction fees make it a great option for those looking to trade a lot of volume.

Rating: 4.5

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