Coinbase Pro – formerly Gdax for the oldest- will close its doors ‘later this year.” but Coinbase customers who use the advanced trading platform can now fall back on Advanced Trade.
A new feature is available on Coinbase.com and, very soon, on the mobile application of the San Francisco-based crypto exchange.
“A new feature is available on Coinbase.com and, very soon, on the mobile application of the San Francisco-based crypto exchange. Many customers rely on Coinbase Pro and Coinbase.com for overlapping features and often experience friction when transferring balances back and forth between the two products.
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.“(1), the company explained on its blog.
The announcement of Coinbase Pro closure comes as the digital coin exchange giant recently decided to lay off 18% of its staff amid the crypto winter.