Coinbase Pro will be discontinued due to cryptocurrency exchanges It is restructuring its services to bring them all together into one platform.
Coinbase, US-based crypto trading companyannounceOfficially, on June 22, Coinbase Pro will be retired to migrate all advanced trading services to Coinbase accounts for unified integration.
Coinbase Pro service will move to Advanced Trade, the new trading section of Coinbase available on the main website Coinbase.com.debutfirst in March 2022 to provide traders with in-depth analysis andreal tradingdirectly on Coinbase
As announced, Advanced Trade will have the same volume-based fees as Coinbase Pro, with Coinbase Pro fees. haveFrom 0% to 0.6% according to Coinbase official website.
The upcoming migration of Coinbase Pro to Advanced Trade is expected to take place over the next several months. As it will continue to launch new upgrades to Advanced Trade.
Coinbase will notify customers of the exact date of the Coinbase Pro retirement. “For customers holding Coinbase Pro, no action will be taken, and funds will remain safe on Coinbase. Customers can start using Advanced Trade on the Coinbase mobile app and Coinbase.com.”
As announced, it aims to simplify the trading process on Coinbase by allowing professional traders access to advanced trading tools and common Coinbase features in one place using a single balance.
“In the past, advanced traders used Coinbase Pro for more in-depth trading and analysis. But in order to use other Coinbase features, you need to transfer funds to your main Coinbase account,” the company said.
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