What does an experienced trader look for in a crypto trading platform? They want quick order replacement, real-time crypto market news, unlimited access to information, instant updates, historical data charts & reports. Therefore, Coinbase understands this, so they have created Coinbase Pro. Coinbase Pro was established in May of 2018, and it differentiates itself from the regular.
Coinbase platform in several key areas. Furthermore, this platform has a simple and user-friendly interface targeted at casual traders who want to purchase the biggest and most popular cryptocurrencies. Plus, it allows users to sell, buy, deposit, withdraw, and trade over 200 cryptocurrencies, such as Bitcoin and Ethereum. In addition, to start trading with this most well-established crypto platform, you must create your account first if you never visit the Coinbase Pro login website. Therefore, this guide is
about setting up your account to start trading and accessing all its features.
Use These Instructions to Set Up Your Coinbase Pro Account:
Coinbase is very legislation-friendly and gets along well with the authorities; full KYC and ID verification are necessary for both Coinbase and Coinbase Pro. Users with a Coinbase account use the same credential for the Coinbase Pro login. But if you are a completely new user, and looking to open a new account, here is what the step-by-step process looks like:
● First and foremost, open your trusted web browser, such as Chrome, and navigate to the Coinbase pro-sign-up page.
● On the registration page, enter your account details, including your legal name and email address. Make sure to use your actual email, as you will be asked to verify it.
● In the next field, you must create a strong password for your account that contains at least eight characters. Check the “Terms of Use” box and press the “Create account” button to proceed.
● Once you enter all these details, a verification link will be sent to your registered email address. After verifying your email, you will be prompted to enter and verify a phone number through SMS.
● Depending on your location, you will be asked for your name, date of birth, residence, intent, source of finances, occupation, and employer.
● You must upload or take a photo of your government-issued ID, so be sure to have it available. Customers from the US and the UK must complete both an ID verification for a profile and an ID verification for documents. Other users will have to provide two other types of IDs for verification, such as a passport, driver’s license, or government-issued ID card.
● After completing that time-consuming process, you can sign in to your account through the Coinbase pro login page and link a bank account for trading. The Steps to Withdraw Cryptocurrency (Assets) onCoinbase Pro. Both Coinbase platforms have a very similar withdrawal process for cryptocurrencies. Make sure you have the recipient’s crypto address available before you start. Hence, here are the steps to withdraw any supported crypto on Coinbase Pro:
● First: open the Coinbase pro login page by clicking the sign-in button. Enter your login credentials to continue.
● Second: Click on the “Trading” tab.
● Third: Choose the “Withdraw” option under the wallet balance section.
● Fourth: Select the “Asset” you want to withdraw.
● Fifth: Select the withdrawal method you would like to use.
● Sixth: Enter the external wallet address in the “TO” field.
● Seventh: Enter the “Amount” you would like to send.
● Eighth: Click the “Withdraw” button.
● Ninth: View the details of your completed withdrawal from the portfolio tab.
The Steps to Deposit Cryptocurrency (Assets) on Coinbase Pro
Before depositing money or assets from another exchange or external wallet, it’s critical to make sure that your asset is supported. To put money into Coinbase Pro using cryptocurrency, here are the steps you have to follow:
● First: Open the Coinbase pro login page by clicking the sign-in button. Enter your login credentials to continue.
● Second: Click on the “Trading” tab.
● Third: Choose the “Deposit” option under the wallet balance section.
● Fourth: Select the “Asset” you want to withdraw.
● Fifth: Select the deposit method you would like to use.
● Sixth: Review and select the appropriate destination address.
● Seventh: Copy the wallet address.
● Eighth: View the details of your completed withdrawal from the portfolio tab.
How Does Coinbase Pro a Secure Platform for Trading?
Coinbase Pro emphasizes user funds’ security and safety, as any respectable exchange ought to do. Moreover, 98% of Coinbase’s cash is kept in cold storage in an “air-gapped” environment that protects it from hackers. Coinbase Pro also uses multi-signature wallets, meaning these funds may only be accessed if several distinct company employees approve the transaction. Furthermore, the users of Coinbase Pro can utilize the following features to protect their accounts:
● Two-factor authentication for Coinbase pro login and crypto transactions.
● Phone number verification.
● A minimum level of password complexity
● Whitelisting addresses and address books
● Multi-Email is a necessary Feature of the Crypto Storage Vault
Final Thoughts:
Coinbase Pro is a widespread cryptocurrency exchange, with billions of dollars traded yearly. Also, this platform allows traders to buy, sell, and deposit. Withdraw and trade various types of cryptocurrencies, such as Bitcoin. Moreover, it gives users an advanced charting and trading option.
If you want to trade cryptocurrencies actively and have access to sophisticated charting and other tools, Coinbase Pro is made for you. Before trading, you must have your own Coinbase Pro account. But remember that if you already have a Coinbase account, you can use its credentials for Coinbase pro login. As a result, the actions listed above will let you create your account and deposit/withdraw crypto assets.