It is not hidden from anyone that Coinbase Pro is shutting down as per the announcement made in June 2022. The team of Coinbase has come forward with the idea to streamline the crypto trade experience and access all the popular Coinbase lineaments from one account using advanced trading tools.
Although, customers become quite worried about their funds stored with Coinbase Pro. But, the real fact is that users need not to get anxious about their crypto funds as your funds with the Pro platform will automatically get transferred to Coinbase.com/advanced-trade.
Furthermore, if you wish to transfer the funds manually then also you can do it.
Why is Coinbase Pro shutting down?
Coinbase Pro is getting replaced by advanced trade with the intent to provide better crypto trade. It is an approach to have better risk management and customer protection. The new trade platform will provide you with more advanced trading tools that include in-depth charts, advanced order types, trade views, and much more to let the investor make a sound decision relating to their crypto funds.
However, apart from several benefits of advanced trade, one of its most attractive lineament is that it offers you to trade at the same cost as was charged under the Pro platform.
How can I transfer my funds manually?
Undoubtedly, you can transfer your funds from the Coinbase Pro platform to the newly launched Advanced Trade by following the simple steps listed underneath. What you will have to do is to make a start by Coinbase Signin (i.e. Coinbase Pro).
- Login into your Coinbase Pro accounts
- Select “Portfolios” “Withdraw”
- For transferring all assets, choose “All Portfolios”
- Select “Transfer to Coinbase”
You can either visit Coinbase.com/advanced-trade or hit on the “Advanced Trade” drop-down list from the “Trade” option via the Coinbase mobile app to get started with the advanced trade.
By doing a Coinbase sign in you’ll be redirected to the advanced trade if you wish to do it. This is also the simplest way to access the new platform.
Conclusion
Coinbase.com/advanced-trade is aimed at providing investors with an exceptional trade experience with the help of several advanced trading tools such as in-depth charts powered by TradingView, order limits, etc. These trading tools are launched to take your trade journey to the next level and are best suited for experienced crypto traders.
