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Fernando Flores</span>
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<p>Fernando Flores is an anti-money laundering specialist for Transnetwork, an international remittances payment aggregator. He began his career working as compliance support for BBVA Transfer Services where he was exposed to the anti-money laundering field. He is now a certified anti-money laundering specialist by ACAMS with a specialization in fintech regulation.</p>
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We recommend the best products through an <a target='_blank' href=https://www.thebalance.com/the-balance-review-process-4777316#our-process >independent review process</a>, and advertisers do not influence our picks. We may receive compensation if you visit partners we recommend. Read our <a target='_blank' href=https://www.thebalance.com/the-balance-review-process-4777316#advertiser-disclosure >advertiser disclosure</a> for more info.</p><!-- end: comp disclosure-text text-block disclosure product-disclosure product-disclosure--money product-disclosure--base mntl-text-block -->
<p id="mntl-sc-block_1-0" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase and Coinbase Pro are two of the most popular cryptocurrency exchanges, with hundreds of billions of dollars traded through both platforms annually.<span class="ql-inline-citation" data-cite="1"></span> They are both designed to help users buy, sell, and trade cryptocurrency.
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Coinbase Global, Inc. owns both Coinbase and Coinbase Pro, but they offer very different platforms for trading cryptocurrency. While Coinbase is aimed at helping beginner investors make their first cryptocurrency purchase, Coinbase Pro is a professional-level trading platform aimed at active traders.
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<p id="mntl-sc-block_1-0-2" class="comp mntl-sc-block mntl-sc-block-html">
The biggest difference between the two platforms is their user interface. Coinbase offers a clean, simple way to buy and sell cryptocurrency with only a few options for placing orders. Coinbase Pro, on the other hand, gives users advanced charting and trading options, giving superior control for advanced traders.
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<p id="mntl-sc-block_1-0-3" class="comp mntl-sc-block mntl-sc-block-html">
Weve reviewed both platforms based on their supported currencies, security, fees, features, and more so you can decide which option is right for you.
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<h2 class="summary-list__title">
Coinbase vs. Coinbase Pro: How do they compare?
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<p>Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions. This article is not a recommendation by The Balance or the writer to invest in cryptocurrencies nor can the accuracy or timeliness of the information be guaranteed.</p></div><!-- end: comp mntl-sc-block-callout-body mntl-text-block -->
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Coinbase vs. Coinbase Pro</span><!-- end: comp mntl-toc__heading-text mntl-text-block -->
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Coinbase vs. Coinbase Pro</span><!-- end: comp mntl-toc__heading-text mntl-text-block -->
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<span class="heading-toc" id="toc-coinbase"></span>
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<span class="split-text__item-secondary">Coinbase</span> </span>
</span></h3><!-- end: comp list-sc-item__heading split-text--roundup-title split-text -->
<hr id="list-sc-item__header-break_1-0" class="comp list-sc-item__header-break mntl-block"></hr><!-- end: comp list-sc-item__header-break mntl-block -->
<div id="list-sc-item__content_1-0" class="comp list-sc-item__content mntl-block">
<div id="list-sc-item__intro_1-0" class="comp expert-content list-sc-item__intro mntl-block">
<figure id="mntl-sc-block_3-0" class="comp figure-3x1 mntl-sc-block mntl-sc-block-image figure-landscape figure-high-res">
<div class="figure-media">
<div class="img-placeholder" style="padding-bottom:17.9%;">
<img
data-srcset="https://www.thebalance.com/thmb/WNfwbZWa9ATJZSIIlPECBC5L-bQ=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg 300w, https://www.thebalance.com/thmb/X6E2HGfod3DphHDzpPy7vTWOjm8=/600x0/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg 600w"
data-sizes="300px"
data-src="https://www.thebalance.com/thmb/H8-9id7UyuFlcXd5qdjY3aqhBJo=/2296x411/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg"
alt="Coinbase"
class="lazyload"
width="2296"
height="411"
data-click-tracked="true" data-img-lightbox="false" data-owner="&lt;p&gt;Coinbase&lt;/p&gt;" data-caption="" data-expand="300" id="mntl-sc-block-image_3-0" data-tracking-container="true"
/>
<noscript>
<img src="https://www.thebalance.com/thmb/H8-9id7UyuFlcXd5qdjY3aqhBJo=/2296x411/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg"
srcset="https://www.thebalance.com/thmb/WNfwbZWa9ATJZSIIlPECBC5L-bQ=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg 300w, https://www.thebalance.com/thmb/X6E2HGfod3DphHDzpPy7vTWOjm8=/600x0/filters:no_upscale():max_bytes(150000):strip_icc()/Coinbase_Wordmark-719a982e55e945fc93a3b1770b6a9aa9.jpg 600w"
alt="Coinbase"
width="2296"
height="411"
class="img--noscript " />
</noscript>
</div> </div>
<figcaption id="mntl-figure-caption_1-0" class="comp mntl-figure-caption figure-article-caption">
<span class="figure-article-caption-owner"><p>Coinbase</p></span>
</figcaption><!-- end: comp mntl-figure-caption figure-article-caption -->
</figure><!-- end: comp figure-3x1 mntl-sc-block mntl-sc-block-image figure-landscape figure-high-res -->
<div id="mntl-sc-block_3-0-1" class="comp mntl-sc-block mntl-sc-block-commerce mntl-block" data-click-tracked="false" data-link-closest-header="false" data-use-child-url=".mntl-sc-commerce-btn-list__btn">
<a
href="https://coinbase-consumer.sjv.io/c/2104074/1165888/9251"
target="_blank"
rel="noskim noopener nofollow sponsored"
id="mntl-sc-block-commerce__button_1-0"
class=" mntl-sc-block-commerce__button mntl-commerce-btn mntl-text-link"
data-tracking-container="false"
data-retailer-caption="with Coinbase"
data-affiliate-link-rewriter="subid1=${DOC_ID}&amp;subid2=${REQUEST_ID}"
><span class="link__wrapper">Open Account</span></a><!-- end: mntl-sc-block-commerce__button mntl-commerce-btn mntl-text-link -->
<figure id="mntl-sc-block-commerce__image_1-0" class="comp figure-3x1 mntl-sc-block-commerce__image mntl-sc-block-image figure-portrait figure-high">
<div class="figure-media">
<img src='//:0'
data-click-tracked='false'
data-tracking-container='true'
data_caption=model.caption!''
data_owner=model.owner!''
data-expand="300"
data-img-lightbox=false
id="mntl-sc-block-image_1-0"
/>
</div>
</figure><!-- end: comp figure-3x1 mntl-sc-block-commerce__image mntl-sc-block-image figure-portrait figure-high -->
</div><!-- end: comp mntl-sc-block mntl-sc-block-commerce mntl-block -->
<div id="mntl-sc-block_3-0-2" class="comp theme-experttiptip mntl-sc-block mntl-sc-block-callout mntl-block" data-tracking-id="mntl-sc-block-callout" data-tracking-container="true">
<div id="mntl-sc-block-callout-body_1-0-1" class="comp mntl-sc-block-callout-body mntl-text-block">
<p>New Coinbase users can get $10 in BTC when they sign up for (and verify) an account using BALANCE10.</p></div><!-- end: comp mntl-sc-block-callout-body mntl-text-block -->
</div><!-- end: comp theme-experttiptip mntl-sc-block mntl-sc-block-callout mntl-block -->
<div id="mntl-sc-block_3-0-3" class="comp text-passage comparison-list mntl-sc-block mntl-sc-block-comparisonlist">
<div class="mntl-sc-block-comparisonlist__wrapper">
<span class="mntl-sc-block-comparisonlist__heading">What We Like</span>
<ul class="mntl-sc-block-comparisonlist__list">
<li><p>Beginner friendly</p></li>
<li><p>Buy/sell with debit cards</p></li>
<li><p>Cryptocurrency watchlist with price alerts</p></li>
<li><p>Two-factor authentication and cold storage</p></li>
</ul>
</div>
<div class="mntl-sc-block-comparisonlist__wrapper">
<span class="mntl-sc-block-comparisonlist__heading">What We Don't Like</span>
<ul class="mntl-sc-block-comparisonlist__list">
<li><p>Higher fees than most exchanges</p></li>
<li><p>Tracks how users spend cryptocurrency</p></li>
<li><p>No control over private keys</p></li>
</ul>
</div>
</div><!-- end: comp text-passage comparison-list mntl-sc-block mntl-sc-block-comparisonlist -->
</div><!-- end: comp expert-content list-sc-item__intro mntl-block -->
</div><!-- end: comp list-sc-item__content mntl-block -->
</div><!-- end: comp mntl-sc-list-item list-sc-item mntl-block -->
<div id="list-sc-item_1-0-1" class="comp mntl-sc-list-item list-sc-item mntl-block">
<span class="heading-toc" id="toc-coinbase-pro"></span>
<h3 id="list-sc-item__heading_1-0-1" class="comp list-sc-item__heading split-text--roundup-title split-text">
<span class="split-text__item">
<span class="split-text__secondary-wrapper">
<span class="split-text__item-secondary">Coinbase Pro</span> </span>
</span></h3><!-- end: comp list-sc-item__heading split-text--roundup-title split-text -->
<hr id="list-sc-item__header-break_1-0-1" class="comp list-sc-item__header-break mntl-block"></hr><!-- end: comp list-sc-item__header-break mntl-block -->
<div id="list-sc-item__content_1-0-1" class="comp list-sc-item__content mntl-block">
<div id="list-sc-item__intro_1-0-1" class="comp expert-content list-sc-item__intro mntl-block">
<figure id="mntl-sc-block_3-0-4" class="comp figure-3x2 mntl-sc-block mntl-sc-block-image figure-landscape figure-high-res">
<div class="figure-media">
<div class="img-placeholder" style="padding-bottom:40.7%;">
<img
data-srcset="https://www.thebalance.com/thmb/L63_Ca1ruCp6Fdlv9bL0s9IL0_w=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png 300w, https://www.thebalance.com/thmb/MeMRwA49--KJ8oTefhWdcrJgt88=/600x0/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png 600w"
data-sizes="300px"
data-src="https://www.thebalance.com/thmb/vLFdGS8Lzw1VI1_TCfJTR-F5hlw=/786x320/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png"
alt="Coinbase Pro"
class="lazyload"
width="786"
height="320"
data-click-tracked="true" data-img-lightbox="false" data-owner="" data-caption="" data-expand="300" id="mntl-sc-block-image_3-0-4" data-tracking-container="true"
/>
<noscript>
<img src="https://www.thebalance.com/thmb/vLFdGS8Lzw1VI1_TCfJTR-F5hlw=/786x320/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png"
srcset="https://www.thebalance.com/thmb/L63_Ca1ruCp6Fdlv9bL0s9IL0_w=/300x0/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png 300w, https://www.thebalance.com/thmb/MeMRwA49--KJ8oTefhWdcrJgt88=/600x0/filters:no_upscale():max_bytes(150000):strip_icc()/coinbasepro-41ac4b6c64be4740a0edb7ac3ccc3901.png 600w"
alt="Coinbase Pro"
width="786"
height="320"
class="img--noscript " />
</noscript>
</div> </div>
</figure><!-- end: comp figure-3x2 mntl-sc-block mntl-sc-block-image figure-landscape figure-high-res -->
<div id="mntl-sc-block_3-0-5" class="comp mntl-sc-block mntl-sc-block-commerce mntl-block" data-click-tracked="false" data-link-closest-header="false" data-use-child-url=".mntl-sc-commerce-btn-list__btn">
<a
href="https://pro.coinbase.com/"
target="_blank"
rel="noskim noopener nofollow sponsored"
id="mntl-sc-block-commerce__button_1-0-1"
class=" mntl-sc-block-commerce__button mntl-commerce-btn mntl-text-link"
data-tracking-container="false"
data-retailer-caption="with Coinbase Pro"
><span class="link__wrapper">Open Account</span></a><!-- end: mntl-sc-block-commerce__button mntl-commerce-btn mntl-text-link -->
<figure id="mntl-sc-block-commerce__image_1-0-1" class="comp figure-3x2 figure-landscape mntl-sc-block-commerce__image mntl-sc-block-image figure-portrait figure-high">
<div class="figure-media">
<img src='//:0'
data-click-tracked='false'
data-tracking-container='true'
data_caption=model.caption!''
data_owner=model.owner!''
data-expand="300"
data-img-lightbox=false
id="mntl-sc-block-image_1-0-1"
/>
</div>
</figure><!-- end: comp figure-3x2 figure-landscape mntl-sc-block-commerce__image mntl-sc-block-image figure-portrait figure-high -->
</div><!-- end: comp mntl-sc-block mntl-sc-block-commerce mntl-block -->
<div id="mntl-sc-block_3-0-6" class="comp text-passage comparison-list mntl-sc-block mntl-sc-block-comparisonlist">
<div class="mntl-sc-block-comparisonlist__wrapper">
<span class="mntl-sc-block-comparisonlist__heading">What We Like</span>
<ul class="mntl-sc-block-comparisonlist__list">
<li><p>Advanced charting and trading options</p></li>
<li><p>Two-factor authentication and cold storage</p></li>
<li><p>Multiple trade options including stop and limit orders</p></li>
</ul>
</div>
<div class="mntl-sc-block-comparisonlist__wrapper">
<span class="mntl-sc-block-comparisonlist__heading">What We Don't Like</span>
<ul class="mntl-sc-block-comparisonlist__list">
<li><p>Too complicated for beginners</p></li>
<li><p>No control over private keys</p></li>
<li><p>High fees compared to competing platforms</p></li>
</ul>
</div>
</div><!-- end: comp text-passage comparison-list mntl-sc-block mntl-sc-block-comparisonlist -->
</div><!-- end: comp expert-content list-sc-item__intro mntl-block -->
</div><!-- end: comp list-sc-item__content mntl-block -->
</div><!-- end: comp mntl-sc-list-item list-sc-item mntl-block -->
<div id="article-outro_1-0" class="comp article-container article-outro">
<div id="article-outro__content_1-0" class="comp mntl-sc-page--commerce expert-content article-outro__content prm-sc-page mntl-sc-page mntl-block">
<span class="heading-toc" id="toc-at-a-glance"></span> <h2 id="mntl-sc-block_4-0" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> At a Glance </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<figure id="mntl-sc-block_4-0-1" class="comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table" data-tracking-container="true" data-tracking-id="table-block">
<div class="mntl-sc-block-table__table-wrapper">
<table class="mntl-sc-block-table__table">
<colgroup style="" span="1"></colgroup>
<colgroup style="" span="1"></colgroup>
<colgroup style="" span="1"></colgroup>
<tbody data-check="-1">
<tr>
<td> </td>
<td><b>Coinbase</b></td>
<td><b>Coinbase Pro</b></td>
</tr>
<tr>
<td><b>Features</b></td>
<td>Simple interface Buy, sell, and exchange crypto. Price quoted in USD.</td>
<td>Professional trading interface. Multiple order types. Advanced charting and analysis.</td>
</tr>
<tr>
<td><b>Fees</b></td>
<td>0.60% per trade, lower with volume. Miner fees are also apply. Some deposit and withdrawal methods incur a fee.</td>
<td>0.60% per trade, lower with volume. Miner fees also apply. Some deposit and withdrawal methods incur a fee.</td>
</tr>
<tr>
<td><b>Number of cryptocurrencies supported</b></td>
<td>170&#43;</td>
<td>170&#43;</td>
</tr>
<tr>
<td><b>Security features</b></td>
<td>2FA via SMS or Google Authenticator app. Cold storage and multi-signature wallets. USD balances are FDIC insured (up to $250k).</td>
<td>2FA via SMS or Google Authenticator app. Cold storage and multi-signature wallets. USD balances are FDIC insured (up to $250k). Whitelisting pre-approved addresses.</td>
</tr>
<tr>
<td><b>Types of transactions</b></td>
<td>Buy. Sell. Exchange. Send. Receive. Deposit. Withdraw.</td>
<td>Buy. Sell. Trade. Deposit. Withdraw. Stop order. Limit order. Time in force order policies.</td>
</tr>
</tbody>
</table>
</figure><!-- end: comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table -->
<span class="heading-toc" id="toc-coinbase-vs-coinbase-pro-ease-of-use"></span> <h2 id="mntl-sc-block_4-0-2" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Coinbase vs. Coinbase Pro: Ease of Use </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-3" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase is designed with beginners in mind, offering a simple interface for <a href="https://www.thebalance.com/how-to-invest-in-cryptocurrency-5078408" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">buying and selling cryptocurrency</a>. They also have a user-friendly mobile app on both iOS and Android for access on the go.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-4" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase makes it easy to get started with a simple signup form and verification process. Once you have signed up, you can connect a bank account or other source of funds to immediately begin purchasing crypto.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-5" class="comp mntl-sc-block mntl-sc-block-html">
While Coinbase is an extremely intuitive platform to use, Coinbase Pro might seem intimidating to beginner investors when they first log in, as its designed with professional traders in mind. It presents users with a live price feed, multiple order options, and up-to-the-minute price charting, which might feel overwhelming if youve never traded cryptocurrency. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-6" class="comp mntl-sc-block mntl-sc-block-html">
Signing up for Coinbase Pro is very similar to Coinbase. If you already have a Coinbase account you must use the same email address. Both Coinbase and Coinbase Pro will use your same login setting to access either platform.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-7" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Pro offers a mobile app on both the iOS and Android platforms.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<div id="mntl-sc-block_4-0-8" class="comp theme-experttipnote mntl-sc-block mntl-sc-block-callout mntl-block" data-tracking-id="mntl-sc-block-callout" data-tracking-container="true">
<div id="mntl-sc-block-callout-body_1-0-2" class="comp mntl-sc-block-callout-body mntl-text-block">
<p>Coinbase Pro does not allow you to use a credit card for crypto purchases.</p></div><!-- end: comp mntl-sc-block-callout-body mntl-text-block -->
</div><!-- end: comp theme-experttipnote mntl-sc-block mntl-sc-block-callout mntl-block -->
<span class="heading-toc" id="toc-coinbase-vs-coinbase-pro-security"></span> <h2 id="mntl-sc-block_4-0-9" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Coinbase vs. Coinbase Pro: Security </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-10" class="comp mntl-sc-block mntl-sc-block-html">
Since your account login information for both Coinbase and Coinbase Pro are connected, they both offer the same security features. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-11" class="comp mntl-sc-block mntl-sc-block-html">
Here are some of the security options available on both platforms:
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-12" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Two-Factor Authentication </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-13" class="comp mntl-sc-block mntl-sc-block-html">
An industry best practice, Coinbase and Coinbase Pro offer two-factor authentication via SMS or the Google Authenticator app. This makes logging into your account more secure and makes it less likely that hackers can gain access to it.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-14" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Cold Storage and Crypto Vaults </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-15" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase and Coinbase Pro store 98% of crypto assets offline in secure cold storage (not on the internet) and away from the prying eyes of online hackers. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-16" class="comp mntl-sc-block mntl-sc-block-html">
Both also employ an additional layer of protection through cryptocurrency vaults to prevent fraudulent withdrawals. Vaults are time-locked and can be set up with multiple user approvals so that any withdrawal request will be canceled if all approvals are not completed within a 24-hour period.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-17" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> FDIC Insurance (up to $250,000) </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-18" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase offers FDIC insurance on USD deposits. Like a traditional bank, Coinsbase offers FDIC insurance on deposits up to $250,000.<span class="ql-inline-citation" data-cite="2"></span> This coverage does NOT, however, extend to your cryptocurrency funds.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-19" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Whitelisting Crypto Addresses </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-20" class="comp mntl-sc-block mntl-sc-block-html">
Another layer of protection is the ability to restrict access to addresses that can withdraw your cryptocurrency. These addresses are saved in your address book, blocking any other addresses from accessing your funds. This feature is only available on Coinbase Pro.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-coinbase-vs-coinbase-pro-features"></span> <h2 id="mntl-sc-block_4-0-21" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Coinbase vs. Coinbase Pro: Features </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-22" class="comp mntl-sc-block mntl-sc-block-html">
Both Coinbase and Coinbase Pro allow users to buy and sell cryptocurrency with ease, but they both go about it in different ways. Below are a few of the unique features on each platform.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-23" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Coinbase Unique Features </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-24" class="comp mntl-sc-block mntl-sc-block-html">
<strong>Free education and free crypto:</strong> Coinbase has user education built into its platform and mobile app, helping beginners learn about cryptocurrency. These are bite-sized videos that teach users about a certain cryptocurrency project and will even reward them with a small bonus amount of the currency.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-25" class="comp mntl-sc-block mntl-sc-block-html">
<strong>Newsfeed:</strong> Coinbase keeps users up-to-date on current events with a newsfeed built into the platform. These are curated articles from around the web on updates and breaking news within the crypto space.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-26" class="comp mntl-sc-block mntl-sc-block-html">
<strong>Price Alerts:</strong> Coinbase allows you to create a watchlist of cryptocurrencies that will give you price alerts when there are big swings in price. These can be set up to be pushed to your mobile phone, or simply appear within the app.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-27" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Coinbase Pro Unique Features </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-28" class="comp mntl-sc-block mntl-sc-block-html">
<strong>Multiple trade options:</strong> Coinbase Pro offers more control over your cryptocurrency trading, giving users access to multiple trade options. Stop orders allow users to set a sell price to limit their losses. Limit orders allow users to set a buy point if they think a cryptocurrency will drop in value, letting them purchase at a lower price.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-29" class="comp mntl-sc-block mntl-sc-block-html">
<strong>Advanced charting:</strong> Coinbase Pro allows users to create advanced charting views, such as minute-by-minute trading and viewing the moving averages for each cryptocurrency. The standard view shows the candlestick chart of the high and low prices within a specific time frame, similar to advanced stock charting programs, as well as open and close prices. You can also add multiple overlays to view the 12-day and 26-day exponential moving averages (EMA) to give you more insights into how a cryptocurrency is performing.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-30" class="comp mntl-sc-block mntl-sc-block-html">
<strong>API keys:</strong> Coinbase Pro gives access to their API keys, allowing third-party apps to integrate with your Coinbase account. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-coinbase-vs-coinbase-pro-currencies"></span> <h2 id="mntl-sc-block_4-0-31" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Coinbase vs. Coinbase Pro: Currencies </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-32" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase and Coinbase Pro both offer access to buy, sell, and trade 170 cryptocurrencies and counting. While there are many cryptocurrencies in existence, Coinbase carries some of the most widely traded ones on the market.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-33" class="comp mntl-sc-block mntl-sc-block-html">
Both Coinbase platforms allow you to purchase cryptocurrency in dollar amounts, allowing you to buy fractions of coins. Coinbase has a $2 minimum order amount, and Coinbase Pro has no minimum dollar requirement, though the order cannot be smaller than 0.001 BTC, 0.01 BCH, 0.01 ETH, or 0.1 LTC.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-coinbase-vs-coinbase-pro-fees"></span> <h2 id="mntl-sc-block_4-0-34" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Coinbase vs. Coinbase Pro: Fees </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-35" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase is a great way to help beginners get started, but it can be expensive. Understanding how they charge fees for buying and selling crypto may help you save a lot.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-36" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase charges maker-taker fees as high as 0.6%. Of course, makers pay less than takers and higher trade volumes mean lower fees. Instant buy purchases from Coinbase will carry a higher fee than buy trades on the exchange, but those aren&#39;t published by the company. Additionally, Coinbase charges extra fees based on the account used in the transaction.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-37" class="comp mntl-sc-block mntl-sc-block-html">
Here is a breakdown of how Coinbase charges fees based on account type:
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<figure id="mntl-sc-block_4-0-38" class="comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table" data-tracking-container="true" data-tracking-id="table-block">
<div class="mntl-sc-block-table__table-wrapper">
<table class="mntl-sc-block-table__table">
<colgroup style="width: 128px;" span="1"></colgroup>
<colgroup style="" span="1"></colgroup>
<thead>
<tr>
<th><b>Account</b></th>
<th><b>Fees</b></th>
</tr>
</thead>
<tbody data-check="0">
<tr>
<td>Card Buy</td>
<td>A fee will apply</td>
</tr>
<tr>
<td>Instant Cashout to Bank</td>
<td>A fee will apply</td>
</tr>
<tr>
<td>ACH Transfer</td>
<td>Free </td>
</tr>
<tr>
<td>Wire Transfer</td>
<td>$10 ($25 outgoing)</td>
</tr>
<tr>
<td>SEPA (EUR)</td>
<td>0.15 EUR</td>
</tr>
<tr>
<td>SWIFT (GBP)</td>
<td>Free deposit, 1 GBP withdrawal</td>
</tr>
</tbody>
</table>
</figure><!-- end: comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table -->
<p id="mntl-sc-block_4-0-39" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase may be best for buy-and-hold investors who want to purchase a currency and hold it for the long term.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-40" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase and Coinbase Pro both use a maker-taker fee schedule for their exchanges. When users place an order at the market price that gets filled immediately, they are considered a “taker” and are charged the taker fee. When users place an order that is not immediately matched, it is placed in the order book (until a match is found), and they are considered a “maker” and are charged a maker fee when the trade executes.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-41" class="comp mntl-sc-block mntl-sc-block-html">
Here is a breakdown of the maker-taker fee structure:
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<figure id="mntl-sc-block_4-0-42" class="comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table" data-tracking-container="true" data-tracking-id="table-block">
<div class="mntl-sc-block-table__table-wrapper">
<table class="mntl-sc-block-table__table">
<colgroup style="" span="1"></colgroup>
<colgroup style="" span="1"></colgroup>
<colgroup style="" span="1"></colgroup>
<thead>
<tr>
<th><b>Pricing Tier (30-day volume)</b></th>
<th><b>Taker Fee</b></th>
<th><b>Maker Fee</b></th>
</tr>
</thead>
<tbody data-check="0">
<tr>
<td>Less than $10,000</td>
<td>0.60%</td>
<td>0.40%</td>
</tr>
<tr>
<td>$10,000-$50,000</td>
<td>0.40%</td>
<td>0.25% </td>
</tr>
<tr>
<td>$50,000-$100,000</td>
<td>0.25%</td>
<td>0.15%</td>
</tr>
<tr>
<td>$100,000-$1 million</td>
<td>0.20%</td>
<td>0.10%</td>
</tr>
<tr>
<td>$1 million-$20 million</td>
<td>0.18%</td>
<td>0.08%</td>
</tr>
<tr>
<td>$20 million-$100 million</td>
<td>0.15%</td>
<td>0.05%</td>
</tr>
<tr>
<td>$100 million-$300 million</td>
<td>0.10%</td>
<td>0.02%</td>
</tr>
<tr>
<td>$300 million-$500 million</td>
<td>0.08%</td>
<td>0.00%</td>
</tr>
<tr>
<td>Over $500 million</td>
<td>0.05%</td>
<td>0.00%</td>
</tr>
</tbody>
</table>
</figure><!-- end: comp js-table-scroll comparison-table--base comparison-table--money mntl-sc-block mntl-sc-block-table -->
<p id="mntl-sc-block_4-0-43" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Pro only allows bank account, wire transfer, or Wallet transactions; it does not accept credit card or debit card purchases.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-44" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Pro is very expensive compared to competing active trader platforms from Gemini and Kraken.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-final-verdict"></span> <h2 id="mntl-sc-block_4-0-45" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> Final Verdict </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-46" class="comp mntl-sc-block mntl-sc-block-html">
When comparing Coinbase vs. Coinbase Pro, as you might expect, there are a lot of similarities. Both have access to similar currencies, both are regulated exchanges with insurance, and both offer extremely safe storage of your digital assets.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-47" class="comp mntl-sc-block mntl-sc-block-html">
If you are new to the cryptocurrency space, Coinbase is a great starting point. With its simple user interface, simple price charts, and user education built right in, you can become knowledgeable in no time. If you are looking to actively trade crypto and want access to advanced charting, and other tools Coinbase Pro is designed for you. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-48" class="comp mntl-sc-block mntl-sc-block-html">
No matter which platform you choose, understand that investing in cryptocurrencies is highly speculative, so never invest more than you are willing to lose.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-faqs"></span> <h2 id="mntl-sc-block_4-0-49" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> FAQs </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<h3 id="mntl-sc-block_4-0-50" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> What Are Coinbase and Coinbase Pro? </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-51" class="comp mntl-sc-block mntl-sc-block-html">
Both Coinbase and Coinbase Pro are cryptocurrency exchange platforms designed for buying, selling, and trading these currencies. They are designed to help users use their fiat money (such as U.S. dollars) to purchase cryptocurrency.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-52" class="comp mntl-sc-block mntl-sc-block-html">
Both platforms are owned by Coinbase Global, Inc., and are the largest regulated cryptocurrency exchanges in the United States. They both offer protection for your deposited U.S. dollars, as well as your purchased cryptocurrency.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-53" class="comp mntl-sc-block mntl-sc-block-html">
If you are looking to start investing in crypto, or if you already own some crypto and want to actively trade them, both Coinbase and Coinbase Pro can help you achieve those goals.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-54" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> How Do Coinbase and Coinbase Pro Work? </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-55" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase is an exchange, meaning it functions as an online brokerage for buying, selling, and trading cryptocurrencies. Users create an account and add funds via a standard financial account or credit card to purchase cryptocurrency. Those funds are used to purchase cryptocurrency, and Coinbase will store that currency until you sell, trade, or move it to your digital wallet.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-56" class="comp mntl-sc-block mntl-sc-block-html">
For example: If you want to <a href="https://www.thebalance.com/best-places-to-buy-bitcoin-4170081" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">buy some Bitcoin</a>, Coinbase will broker the transaction. You would create a Coinbase account, connect your bank account, and submit an order to purchase Bitcoin. You are exchanging U.S. dollars for Bitcoin, and Coinbase is storing that Bitcoin for you until you decide to do something with it.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-57" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Pro functions the same way, allowing users to deposit fiat funds and exchange them into cryptocurrencies. The main difference is that Coinbase Pro does not allow purchases via debit or credit cards.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-58" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Should I Use the Coinbase Wallet? </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-59" class="comp mntl-sc-block mntl-sc-block-html">
The Coinbase Wallet is a secure digital wallet that allows you to hold your cryptocurrency in one place. It has multiple layers of protection, including biometric access controls and a 12-word recovery phrase.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-60" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Wallet is a popular choice for exchanging crypto and can be used on many decentralized applications.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<h3 id="mntl-sc-block_4-0-61" class="comp mntl-sc-block mntl-sc-block-subheading"> <span class="mntl-sc-block-subheading__text"> Who Should Use Coinbase vs. Coinbase Pro? </span> </h3><!-- end: comp mntl-sc-block mntl-sc-block-subheading -->
<p id="mntl-sc-block_4-0-62" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase is ideal for beginner investors who are just getting started with cryptocurrency. Coinbase makes it simple to buy your first digital currency with its easy onboard and intuitive interface. Add in their user education section and crypto bonuses, Coinbase is a fantastic place for crypto newbies.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-63" class="comp mntl-sc-block mntl-sc-block-html">
Coinbase Pro is a solid platform for active crypto traders who do a high volume of transactions. With their advanced charting and multiple trade options, its a great choice for managing your crypto portfolio. Add to that Coinbase Pros security features and FDIC insurance on USD deposits, this is a great platform for advanced crypto trading.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<span class="heading-toc" id="toc-how-we-evaluated-coinbase-vs-coinbase-pro"></span> <h2 id="mntl-sc-block_4-0-64" class="comp mntl-sc-block mntl-sc-block-heading"> <span class="mntl-sc-block-heading__text"> How We Evaluated Coinbase vs. Coinbase Pro </span> </h2><!-- end: comp mntl-sc-block mntl-sc-block-heading -->
<p id="mntl-sc-block_4-0-65" class="comp mntl-sc-block mntl-sc-block-html">
When reviewing Coinbase vs. Coinbase Pro, we compared each platform based on ease of use, fee structure, security, unique features, and support currencies. We also considered the types of trades available on each platform and their relative cost to the wider cryptocurrency exchange market. 
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
<p id="mntl-sc-block_4-0-66" class="comp mntl-sc-block mntl-sc-block-html">
While both platforms are owned by Coinbase Global, Inc., they offer very different functionality for users. In general, we feel that Coinbase is best suited for first-time crypto investors due to its simple interface and user education component. Advanced crypto traders should look at Coinbase Pro for its more advanced charting and trading options.
</p><!-- end: comp mntl-sc-block mntl-sc-block-html -->
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<li class="mntl-sources__source" id="citation-1"><p>CoinDesk. &#34;<a href="https://www.coindesk.com/markets/2021/02/25/coinbase-institutional-retail-trading-volume-grew-at-equal-rates-in-2020/" data-component="link" data-source="inlineLink" data-type="externalLink" data-ordinal="1">Coinbase Institutional, Retail Trading Volume Grew at Equal Rates in 2020</a>.&#34;</p></li>
<li class="mntl-sources__source" id="citation-2"><p>FDIC. &#34;<a href="https://www.fdic.gov/deposit/deposits/faq.html" data-component="link" data-source="inlineLink" data-type="externalLink" data-ordinal="1">Deposit Insurance FAQs</a>.&#34;</p></li>
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