These can be set up to be pushed to your mobile phone, or simply appear within the app. Price Alerts: Coinbase allows you to create a watchlist of cryptocurrencies that will give you price alerts when there are big swings in price. These are curated articles from around the web on updates and breaking news within the crypto space. Newsfeed: Coinbase keeps users up-to-date on current events with a newsfeed built into the platform. 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. Below are a few of the unique features of each platform.įree education and free crypto: Coinbase has user education built into its platform and mobile app, helping beginners learn about cryptocurrency. This feature is only available on Coinbase Pro.īoth Coinbase and Coinbase Pro allow users to buy and sell cryptocurrency with ease, but they both go about it in different ways. These addresses are saved in your address book, blocking any other addresses from accessing your funds. Whitelisting Crypto AddressesĪnother layer of protection is the ability to restrict access to addresses that can withdraw your cryptocurrency. This coverage does NOT, however, extend to your cryptocurrency funds. Like a traditional bank, Coinbase offers FDIC insurance on deposits up to $250,000. 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.Ĭoinbase offers FDIC insurance on USD deposits. This makes logging into your account more secure and makes it less likely that hackers can gain access to it.Ĭoinbase 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.īoth also employ an additional layer of protection through cryptocurrency vaults to prevent fraudulent withdrawals. Here are some of the security options available on both platforms:Īn industry best practice, Coinbase and Coinbase Pro offer two-factor authentication via SMS or the Google Authenticator app. Since your account login information for both Coinbase and Coinbase Pro are connected, they both offer the same security features. For Coinbase and Coinbase Pro, you can use the same login setting to access either platform.Ĭoinbase Pro offers a mobile app on both the iOS and Android platforms.Ĭoinbase does not allow new customers to link a credit card to their account in the U.S. If you already have a Coinbase account you must use the same email address. Signing up for Coinbase Pro is very similar to Coinbase. It presents users with a live price feed, multiple order options, and up-to-the-minute price charting, which might feel overwhelming if you’ve never traded cryptocurrency. While Coinbase is an extremely intuitive platform to use, Coinbase Pro might seem intimidating to beginner investors when they first log in, as it’s designed with professional traders in mind. Once you have signed up, you can connect a bank account or other source of funds to immediately begin purchasing crypto. They also have a user-friendly mobile app on both iOS and Android for access on the go.Ĭoinbase makes it easy to get started with a simple signup form and verification process. Time in force order policies.Ĭoinbase is designed with beginners in mind, offering a simple interface for buying and selling cryptocurrency. USD balances are FDIC insured (up to $250k). Cold storage and multi-signature wallets. USD balances are FDIC insured (up to $250k).ĢFA via SMS or Google Authenticator app. Some deposit and withdrawal methods incur a fee.ĢFA via SMS or Google Authenticator app. Advanced charting and analysis.Ġ.60% per trade, lower with volume.
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