In June 2022, Coinbase announced the discontinuation of Coinbase Pro, replacing it with Coinbase Advanced Trade. This transition consolidated advanced trading features—like staking, technical analysis tools, and the Coinbase Card—into a single platform on Coinbase.com and the mobile app, streamlining services for traders.
Key Takeaways
- Coinbase Advanced Trade succeeded Coinbase Pro in 2022.
- Designed for professional and experienced cryptocurrency traders.
- Unifies all Coinbase’s crypto services (trading, staking, security) into one platform.
What Is Coinbase Advanced Trade?
Coinbase Advanced Trade is the exchange’s premium trading platform tailored for high-volume and professional traders. Key features include:
- Advanced charting tools (MACD, RSI, Bollinger Bands) via TradingView.
- Staking rewards (e.g., up to 4.1% APY on USDC).
- Low fees based on trading volume, similar to Coinbase Pro.
- Enhanced security: FDIC-insured USD balances, cold storage, and YubiKey support.
👉 Discover how Advanced Trade compares to other platforms
Impact on Trading
Expanded Offerings
- 500+ trading pairs (versus fewer on Coinbase Pro).
- Liquidity parity with identical order types.
Integrated Tools
- Eliminates need for third-party charting tools with built-in technical indicators.
- Staking rewards for assets like ETH2, previously unavailable on Pro.
State Restrictions
⚠️ Note: Some U.S. states restrict staking. Ensure your account is fully verified to avoid access issues.
Getting Started with Coinbase
Steps to open an account:
- Sign up at Coinbase.com or via the mobile app.
- Verify email and phone number.
- Complete ID verification (government-issued photo ID).
- Enable two-factor authentication.
- Link a payment method.
Access Advanced Trade:
- Mobile: Navigate to Trade → Advanced Trade.
- Desktop: Select Switch to Advanced Trade from your profile menu.
👉 Learn more about secure trading practices
FAQ
1. What’s the difference between Coinbase Advanced and Coinbase One?
- Advanced Trade: For professional traders (low fees, advanced tools).
- Coinbase One: Subscription service (fee waivers, customer support).
2. How do I migrate to Advanced Trade?
Toggle Advanced Trade in the app or select Switch to Advanced Trade on desktop.
3. Are staking rewards available globally?
No—check your state/jurisdiction for restrictions.
4. What happened to Coinbase Pro’s liquidity?
All liquidity and order types were seamlessly transferred to Advanced Trade.
Bottom Line
Coinbase Advanced Trade (2022) replaced Coinbase Pro, offering:
- 500+ cryptocurrencies and 237 USDC pairs.
- Lower fees with volume-based pricing.
- All-in-one trading, staking, and security.
For professional traders, it’s a more integrated and feature-rich upgrade.