Sending Crypto From Coinbase To Coinbase Pro

admin 10/12/2022 Cryptocurrency 0 Views

At a Glance:
To transfer from Coinbase to Coinbase Pro: Log into Coinbase Pro > Go to the Coinbase Pro Trading page > Detect the coin yous want to eolith into Coinbase Pro > Select your Coinbase account > Select “”Deposit”” at the bottom of the page.

There are many reasons why you might want to transfer from Coinbase to Coinbase Pro. Although they are endemic by the same visitor, the two exchange platforms role very differently. At that place’s a big departure when it comes to Coinbase vs. Coinbase Pro.

If you want to move from a purchase-and-concur investment strategy to a higher-book trading strategy, information technology is worthwhile to transfer from Coinbase to Coinbase Pro. If yous want more in-depth information about your crypto assets, it is besides worthwhile to transfer from Coinbase to Coinbase Pro.

Coinbase Pro as a cryptocurrency commutation only allows bank business relationship, wire transfer, or digital Wallet transactions. Information technology does not accept credit card or debit menu purchases. If you want to deposit greenbacks into your Coinbase account, you tin transfer it from Coinbase to Coinbase Pro without paying boosted fees.

It is very simple to transfer from Coinbase to Coinbase Pro. Simply follow the step-by-step guide provided below.

Can You Transfer From Coinbase to Coinbase Pro?

Yep, you can move whatsoever portion of your portfolio to Coinbase Pro at any time and with no additional fees.

You lot may have started your Coinbase business relationship as a rookie crypto investor. You made employ of their simple user interface and their video lessons to increase your noesis and skills. But now you want more command over your trading decisions and demand a more advanced user interface.

Or perchance you started your Coinbase business relationship when your crypto investing strategy was a buy-and-hold strategy. But now you want to make utilize of stop orders and limit orders to make more nuanced buying decisions. You want to move to an exchange platform that allows you lot to make loftier-volume trading decisions.

How to Transfer to Coinbase Pro

Although your Coinbase and Coinbase Pro accounts are linked, they have their separate wallets. Here’southward how yous tin transfer from Coinbase to Coinbase Pro:

Log into Coinbase Pro
Go to the Coinbase Pro trading folio
Find the coin you want to deposit into Coinbase Pro
Select your Coinbase Account
Select Eolith at the bottom of the window

We’ll look at each of these steps in more detail beneath.

Stride one: Log into Coinbase Pro

You lot tin can log into Coinbase Pro past using your Coinbase account credentials. Only use your regular Coinbase Username and Password.

Step 2: Go to the Coinbase Pro trading page

Y’all are wanting to deposit assets into your Pro account, so go ahead and observe the
“Deposit”
push button. This is usually on the portfolio page nether the Wallet and can be found on the left-paw side of the page. Once you select “Deposit”, a popular-up window will appear.

Stride 3: Notice the coin you want to deposit into Coinbase Pro

Side by side, y’all volition be prompted to select the currency type (i.e. BTC, ETC) that you’d like to eolith to Coinbase to Coinbase Pro.

You can select a currency type from pre-populated options that include the most popular currencies.

Or you lot can search for a specific currency if the one yous’re looking for is non listed.

Pace four: Select your Coinbase Account

In the drop-down box,
click on Coinbase Wallet. Y’all will exist able to see the available residual that is in your Coinbase wallet (from Coinbase) that you can transfer to Coinbase Pro. If you practise non have any residuum in it so spring over to Coinbase and add together the funds there. Yous tin also use your PayPal to add money straight to Coinbase.

Step v: Select Deposit at the bottom of the window

Finally, just select the Source (which will be the wallet yous want to transfer from), enter the Amount (which will exist the amount you want to transfer), and then terminate it off by hitting the
Deposit <entered amount>
push to transfer to Coinbase Pro.

That’s it! That’south how to transfer from Coinbase to Coinbase Pro!

Coinbase to Coinbase Pro Transfer Fees

If you transfer your Coinbase assets to a different cryptocurrency substitution, you lot incur a transfer fee.
However, you tin transfer your Coinbase assets to Coinbase Pro without incurring any fees!
If you are looking for a more advanced exchange platform, moving your assets to Coinbase Pro makes a lot of sense.

Pros and Cons for Difference Users

While Coinbase Pro has its advantages, it’southward non the all-time selection for everyone. Inexperienced investors will find the interface and experience complicated. Similarly, if you are employing a purchase-and-agree strategy, Coinbase Pro’s high volume, tiered fee schedule might not exist the all-time fit for you.

When choosing a crypto exchange, do your research. Each has its pros and cons and you lot should choose the exchange that best suits your trading strategy.

Alternatively, yous might desire to apply Coinbase as the platform where you add coin to your crypto business relationship using a credit or debit carte du jour, or even Paypal. Yous tin then transfer the balance to Coinbase at no additional fee and salve coin in the long run.

Reasons to Transfer to Coinbase Pro

Coinbase appeals to first-time crypto investors. With its simple user interface, elementary charting, and user instruction built right in, you can learn how to transfer from Coinbase to Coinbase Pro go a crypto expert in no time.

Fees

Coinbase’s fee structure means yous pay a lot of money per transaction. This is fine if yous have a buy-and-hold trading strategy. But if y’all are wanting to make loftier volume trades, the fees are prohibitive.

Coinbase Pro, on the other hand, is fabricated for investors who are looking to actively trade crypto. They utilise a maker-taker fee structure, giving users discounts for the number of trades performed on the platform. These fees showtime at 0.50% and taper downward for higher book traders based on monthly trading volume.

Stop and Limit Orders

You lot tin can use terminate orders and limit orders to brand more nuanced buying decisions. Coinbase Pro likewise gives users advanced charting views. The standard view shows the candlestick chart of the high and low prices inside a specific time frame. The advanced view can be set up then that it shows multiple overlays of the exponential moving averages. The improved access to data gives experienced traders more insight into how a cryptocurrency is performing.

More Control

For fifty-fifty more than command over your crypto trading, Coinbase Pro gives access to their API keys. This means you can integrate third-party apps to integrate with your Coinbase business relationship. You can set up your 3rd-political party apps for complete command over your cryptocurrency trading.