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Coinbase to shut down Coinbase Pro to merge trading services

Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.

The United States-based crypto trading firm Coinbase officially announced on June 22 that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one unified Coinbase account.

Coinbase Pro’s services will migrate to Advanced Trade, Coinbase’s new trading section available on the exchange’s main website, Coinbase.com. The section was initially launched in March 2022, providing traders with in-depth analysis and actual trading directly on Coinbase.

According to the announcement, Advanced Trade will provide the same volume-based fees as Coinbase Pro. Depending on volumes and taker or maker orders, Coinbase Pro’s fees range from 0% to 0.6%, according to data from Coinbase’s official website at the time of writing.

The upcoming migration of Coinbase Pro to Advanced Trade will take place gradually over the next several months

Keep reading this article on Cointelegraph.com.

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