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Coinbase to close Coinbase Pro platform for professional traders

Coinbase to close Coinbase Pro platform for professional traders

The American Bitcoin exchange Coinbase анонсировала закрытие платформы Coinbase Pro для профессиональных трейдеров. Ее функционал перенесут на основную площадку в рамках инициативы Advanced Trade. 

The company noted that customers valued the capabilities of the service launched in 2018. Coinbase Pro enables technical analysis and trades, interacting directly with the order book.

«Между тем в приложении Coinbase мы добавили расширенные возможности взаимодействия с криптоэкономикой, такие как стейкинг, заимствование, децентрализованный кошелек и платежная карта, в дополнение к улучшениям нашего трейдингового интерфейса», — говорится в заявлении.

As a result, many users, faced with overlapping features, relied on both platforms and encountered difficulties moving balances between products. Coinbase has decided to address these issues by expanding the capabilities of the main app.

Advanced Trade will inherit all the features of Coinbase Pro, which is set to close by the end of 2022.

Users in the comments noted that the professional platform charged lower fees than the Coinbase.com app.

The company did not mention any potential changes to fees on the main platform.

Earlier, CEO Brian Armstrong stated that roughly 18% of staff were cut due to the crypto winter.

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