News

Coinbase Pro To Stop Working At The End Of 2022

The Coinbase Pro professional trading platform will be shutting down later this year. Coinbase is gradually integrating cross-wallet balance and trading features into a single account.
Coinbase Pro To Stop Working At The End Of 2022 3

Among Coinbase’s many product branches, Coinbase Pro was launched in 2018 to cater to professional traders with over 250 cryptocurrencies.

However, it seems that too many product branches confuse users. So, this US-based exchange decided to gradually combine advanced trading features into a single address, Coinbase.com. All trading features are integrated into Advanced Trade – with trading volume, coin pairs, and fee structure similar to Coinbase Pro.

According to the announcement from Coinbase:

“To resolve this friction and offer customers the best of both worlds, we have rebuilt the full Coinbase Pro advanced trading experience within the Coinbase mobile app and Coinbase.com. As we continue to add more features to Advanced Trade on Coinbase, we will sunset Coinbase Pro later this year.”

This improvement aims to improve the user experience and gradually remove the overly troublesome features of the floor. Coinbase is the leading cryptocurrency exchange in the US, but it is struggling because of the overall gloomy situation of the market.

Coinbase Pro To Stop Working At The End Of 2022 4

Meanwhile, Coinbase’s rising rival in the US market, Binance.US, announced free Bitcoin trading to attract new users. In addition, CZ revealed that Binance US is considering a roadmap for an IPO. When Coinbase struggled to cut staff, Binance still promoted recruitment.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

25 minutes ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

31 minutes ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

38 minutes ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

2 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

2 hours ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

3 hours ago

This website uses cookies.