Cryptocurrency trade firm Coinbase is launching a cellular app for its superior customers at this time. Now you can obtain the Coinbase Professional cellular app on iOS — the Android model is coming quickly.
Coinbase Professional is the corporate’s trade that permits you to arrange superior order varieties, reminiscent of restrict orders. These are pretty commonplace options for a cryptocurrency trade. However Coinbase arrange a separate “professional” platform in order that the principle Coinbase.com trade stays as easy and simple as attainable.
And now, you too can use Coinbase Professional in your telephone. I’ve been taking part in round with the app, and it options every little thing you’d count on. On the primary tab, you’ll be able to see a listing of buying and selling pairs.
In case you faucet on a pair, you’ll be able to see real-time candles, the order e-book, your lively orders in addition to commerce historical past for this particular pair. You can also arrange an order to purchase and promote cryptocurrencies from every buying and selling pair web page.
On the second tab, you’ll be able to see your portfolio of crypto property and its worth in fiat currencies. You possibly can deposit or withdraw cryptocurrencies from the cellular app. Sadly, if you wish to deposit or withdraw fiat currencies (USD, EUR, GBP, and so forth.), the app tells you to move over to the web site.
Lastly, you’ll be able to see your previous and lively orders, and test your charges and limits.
Coinbase elevated a few of its buying and selling charges on Coinbase Professional for low-volume accounts simply last week. It’s now dearer to commerce on Coinbase Professional should you commerce lower than the equal of $50,000 over 30 days. And should you commerce lower than $10,000 over 30 days, it now prices 0.50% in maker and taker charges.
Kraken fees 0.26% in taker charges should you commerce much less $50,000 prior to now 30 days. Binance fees 0.1% in buying and selling charges. With these new buying and selling charges, it looks like Coinbase is certainly concentrating on professional customers with Coinbase Professional.
Disclosure: I personal small quantities of varied cryptocurrencies.