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Bitcoin is the world's most widely used alternative currency with a total market cap of over $100 billion.
The bitcoin network is made up of thousands of computers run by individuals all over the world.
Coinbase Pro is the advanced trading platform of Coinbase, one of the most recognizable names in the crypto industry. It was built for active traders who need charting tools, order types and lower fees than the basic Coinbase app offers. Note that Coinbase has since migrated Pro features into its main platform under the Advanced Trade banner.
Coinbase Pro was the professional-grade trading arm of Coinbase, aimed at experienced users. It offered advanced order types, detailed charts and a more competitive fee schedule than the retail app. Its functionality has been folded into Coinbase's main platform as Advanced Trade.
Yes, Coinbase Pro is a centralized exchange (CEX). Users trade through a company-operated platform with custody of funds handled by the exchange itself, which also means KYC verification is required.
The platform launched in 2012, originally under the name GDAX, before being rebranded to Coinbase Pro. It was operated by Coinbase, a US-based company.
Since Coinbase migrated Pro features into its main platform, new signups are directed to Advanced Trade rather than the legacy Pro interface. Users should also review the maker-taker fee structure, as costs depend on trading volume. Regulatory compliance and fund custody are handled by Coinbase as a US-regulated entity.