Coinbase’s advanced trading platform, Coinbase Crypto exchange Pro, set to close

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Coinbase’s advanced trading platform, Coinbase Crypto exchange Pro, set to close

Coinbase Crypto  Pro, a tool for advanced traders using Coinbase Crypto exchange, will be shut down later this year. 

said on Wednesday that advanced trading will be phased out by the end of 2022. The pro platform was launched for advanced traders looking to conduct technical analysis and place trades by interacting directly with the Coinbase Crypto exchange order book. 

Coinbase Crypto exchange is instead incorporating advanced trading features into, giving customers access to its decentralized application , staking and .

new features were announced at March and are at present available online. Advanced trade features will be available on the Coinbase Crypto exchange application in the coming weeks, as reported by Wednesday’s announcement.

This comes as the exchange faces renewed from , including  Crypto exchange. The exchange’s United States affiliate, Binance. United States, revealed it was removing fees for certain Bitcoin (BTC) trades on Wednesday.

Shares in Coinbase Crypto exchange, which laid off 18 percent of its staff on June 14, plunged during trading on Wednesday — closing down 9.7%.

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