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Coinbase Pro Review

Last Updated: Apr 7, 2024  |  Published: Apr 11, 2022


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Our Review 

Coinbase Pro has 130+ coins, 0.40% maker / 0.60% taker fees, and is one of the most secure crypto exchanges in the industry. Overall, we think platforms like Binance and KuCoin are a better use of your time because they have lower spreads, lower trading fees (0.10% each) and hundreds of more altcoins.

Where It Shines:

  • Safety & Reputation: Coinbase was founded in 2012, has $255M of insurance coverage, tons of security features, is publicly traded and more
  • Great User-Interface: Coinbase Pro is very intuitive and well designed
  • Easy Connection to Coinbase.com: Use the same login as Coinbase.com plus get free, instant crypto transfers between your accounts

Where It Falls Short:

  • High Trading Fees: 0.40%/0.60% maker taker fees is higher than most in this industry 
  • Limited to 130+ Altcoins: Coinbase Pro doesn't offer as many coins as its competitors Binance (600+),  KuCoin (500+) and Bitmart (750+)
  • Limited Fiat Currencies: Only supports USD, GBP and EUR. Otherwise, you can deposit crypto or transfer funds from Coinbase.com

Best Alternatives

Here are the best crypto exchanges around the world that are supported in many countries. We assessed 21 platforms across 40+ variables and 950+ data points.  

Binance
  • 600+ cryptocurrencies
  • Lowest spreads and fees in the industry
  • Most features in the industry
  • Not beginner friendly
Kucoin
  • Low spreads and fees if you fund your account with crypto
  • 700+ cryptocurrencies
  • Trade anonymously (all you need is an email right now)
  • Not beginner friendly
Crypto.com
  • Best crypto credit cards
  • Earn interest on 40+ coins
  • Lots of fiat currencies supported
  • High fees & spreads
  • User interface
Coinbase
  • Best reputation, publicly traded company
  • Best for beginners
  • Beginner + Advanced trading
  • Very high fees overall
Kraken
  • Great reputation (10+ years)
  • Professional trading tools
  • High volume 
  • Limited features
RankFinance

Find the best crypto exchange with our comparison tool


Compare Exchanges

A summary of the industries major cryptocurrency exchanges and brokers. Over the last 3 years, we've put the leading platforms to the test across 60+ features each. Find our free comparison tool for more research or check out our Best Crypto Exchanges of the year.

Name

Coins

Standard Trading Fee

Supported Countries

Fiat Wallets?

BTC Withdrawal Fee

Website

240+

0.10%

190+

No

0.0005 BTC

Binance

Binance 🏆(#1 overall)

400+

0.10%

100+

Yes

0.0005 BTC

150+

0.20%

?

Yes

0.0004 BTC

1000+

0.25%

180+

No

0.0005 BTC

50+

0.50%

?

Yes

0.0005 BTC

300+

0.75%

100+

Yes

0.0003 BTC

Bybit

Bybit 🏆

1000+

0.10%

180+

No

0.0005 BTC

200+

3.99%

100+

Yes

Dynamic

110+

0.60%

100+

Yes

Dynamic

30+

0.10%

150+

Yes

0.15%

250+

0.40%

90+

Yes

0.0006 BTC

40+

0%

50+

Yes

0.50%

Gate.io

Gate.io 🏆

1400+

0.195%

190+

No

0.001 BTC

60+

1.49%+

60+

Yes

0.001 BTC

60+

0%

100+

Yes

0.0005 BTC

500+

0.20%

130+

Yes

0.0005 BTC

200+

0.26%

190+

Yes

0.00002 BTC

Kucoin Exchange

KuCoin 🏆

700+

0.10%

190+

No

0.0005 BTC

MEXC Global

MEXC 🏆

2000+

0.10%

190+

No

0.0003 BTC

OKX

OKX 🏆

400+

0.10%

100+

No

0.0002 BTC*

300+

0.155%

100+

No

0.0005 BTC

130+

0%

180+

Yes

0.0003 BTC + $2.99


Coinbase Pro

About Coinbase Pro

Coinbase Pro lets you trade digital assets for lower spreads and with more advanced features than on Coinbase.com.

The Pro platform offers it's own web app and mobile app but still uses the same login as Coinbase.com for easy access.

Coinbase was founded in 2012 and has over 89+ million registered users around the world. It is considered one of the largest and safest cryptocurrency exchanges in the world. It's also a publicly traded company on the NASDAQ.


Trading Fee Discounts

Coinbase Pro Dynamic Trading Fees

Deposit & Withdrawals

To fund your Coinbase Pro account, you can deposit and withdraw GBP, EUR, and USD. You can also transfer funds from your Coinbase.com account or deposit crypto from an external wallet. Transferring between Coinbase and Coinbase Pro is instant and free (no crypto network fees).

Fiat Currencies

Fiat Wallets

(Deposit/Withdrawals supported)

USD - United States Dollar

EUR - Euro

GBP - Pound Sterling

Credit/Debit Card

No

P2P Exchange

No

Crypto Withdrawal Fees

Type

Fee

Minimum Withdrawal

Bitcoin

Dynamic (Mining Fees)

None

Ethereum

Dynamic

None

USDT

Dynamic

None

XLM

Dynamic

None


Platform & Features

Coinbase Pro is one of the most simple and minimal trading platforms we have found. However, you can find lots of extra extra features on the regular Coinbase exchange. Here is an overview of Coinbase Pro:

1. iOS, Android and Web App

Coinbase Pro has its own website and apps that are separate from Coinbase. However, you can still use the same login credentials.

2. Trading Interface

Coinbase Pro Dashboard
  • Market / Limit / Stop Orders
  • Lots of trading pairs in USDC, BTC, USDT, BTC, ETH and more
  • Fiat trading pairs in USD, GBP and EUR
  • Real-time order books
  • Charting tools
  • Trade history
  • Dynamic fee structure
  • Create up to 5 different portfolios to organize your trades

3. Other Coinbase Pro Features

  • API Keys Management
  • Instant + Free transfers to and from Coinbase.com
  • See all Features in our Coinbase review

Security

Company Security Features

  • 98% of assets are held in cold storage
  • $255 million insurance policy on the 2% of crypto held in online hot wallets
  • Publicly traded company (COIN) which means regular financial audits and an added layer of safety
  • Sensitive data is stored on paper backups and USB drives in vaults and multiple locations
  • Coinbase claims all personal information is encrypted
  • Employees must pass a criminal background check
  • Bug bounty program - white-hat hackers get paid to find security bugs and vulnerabilities
  • See their security page for more

User Security Features

Can You Trust Them?

Yes, Coinbase is one of the safest cryptocurrency exchanges. They have many security features like 2FA, crypto in cold storage, a $255M insurance policy, and more. They're also a publicly traded company on the NASDAQ which means regular audits, public financials and an added layer of safety.

⚠️ Although this platform is safe, over 50% of platforms we tested have had hacks or incidents in the past. We strongly recommend storing and protecting your crypto on a non-custodial wallet where you own the private keys. Preferably, a reputable hardware wallet.


Customer Support

Coinbase Pro has its own help desk section with articles and FAQs. Everything is done through the Coinbase.com site. You have a live chat that says "an agent should reply within 10 minutes" during business hours and phone support. You can also see a live website status in real-time.

Coinbase Pro Customer Support
Coinbase Pro

Coinbase Pro

Trade 130+ cryptocurrencies