Coinbase vs Coinbase Pro - What You Need to Know!

In this video, I evaluate Coinbase vs Coinbase Pro. Coinbase and Coinbase Pro are two of the best cryptocurrency investing platforms, but despite their similar names, they are meant for different people. Coinbase vs Coinbase Pro fees are very different and will be the first thing I explain.

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*rates are subject to change
First, the fees with Coinbase are pretty complex. Whenever you buy some crypto on this app, you need to keep in mind the spread fee, the flat fee, and the variable fee.

The smaller the amount of Bitcoin you buy, the higher the fee, percentage-wise. For example, if you buy just $10 of Bitcoin, then you will pay a 15% fee for that investment on Coinbase. However, if you buy $1,000 of crypto, you will only pay about 2% for the fee.

On the other hand, Coinbase Pro has a variable fee-only fee structure. Generally, the fees are lower on Coinbase Pro than they are on Coinbase and also easier to understand.

For a $1,000 bitcoin investment on Coinbase Pro, you would pay a 0.5% fee, but you would pay 2% on the original Coinbase.

Next, I examine the features of Coinbase vs Coinbase Pro. Coinbase has more features and the app is more appealing to the eye. It is made for beginner investors or people who are new to cryptocurrency. It's kind of like Instagram for Bitcoin, and very similar to Robinhood.

Coinbase Pro is built for someone who has more experience trading financial assets so it can be a little daunting for someone new to crypto. However, you can set limit orders and stop-loss orders on Coinbase Pro, which you cannot do on Coinbase, currently. This is a big upside.

Then, I look at the mobile apps and the ease of use of Coinbase Pro vs Coinbase. Honestly, the Coinbase app is amazing and so is the Coinbase Pro app, but they're great in different ways and for different investors. Coinbase has a key metrics section that holds some good information, but Coinbase Pro has a better charting tool.

Nothing in this video should be taken as financial advice or any kind of advice. This video and everything I say in it is meant for informational and entertainment purposes only. Facts may or may not be true and could change after posting the video.

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Overall, this was meant to dig deep into the pros and cons of Coinbase vs Coinbase Pro.
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Coinbase vs Robinhood
https://www.youtube.com/watch?v=t6Goq64ZNxg&t=22s

Видео Coinbase vs Coinbase Pro - What You Need to Know! канала Joey Wakeman