๐ What is Coinbase Advanced Trade?
Coinbase Advanced Trade is Coinbase's professional-grade trading platform designed for active traders and investors. It replaced Coinbase Pro and offers a comprehensive suite of advanced trading features, including detailed charting tools, multiple order types, lower fees, and real-time market data. Advanced Trade is seamlessly integrated with the main Coinbase app, allowing for easy transitions between simple and advanced trading.
For USDT TRC20 users, Advanced Trade provides access to USDT trading pairs with competitive fees and advanced tools for analyzing the market. Whether you're a beginner looking to upgrade your trading capabilities or an experienced trader, Advanced Trade offers the features you need.
Coinbase Advanced Trade offers significantly lower fees than the standard Coinbase interface, making it ideal for active traders who want to minimize costs while accessing professional-grade tools.
โ๏ธ Key Features of Coinbase Advanced Trade
Access professional TradingView charts with multiple indicators, drawing tools, and multiple timeframes for in-depth technical analysis.
Place market, limit, stop, stop-limit, and other advanced order types to execute your trading strategies with precision.
Access real-time order books, trade history, and price data to make informed trading decisions.
Enjoy lower trading fees compared to the standard Coinbase interface, with fees decreasing as your trading volume increases.
Access Advanced Trade on both web and mobile apps, allowing you to trade on the go with the same powerful features.
Easily switch between standard Coinbase and Advanced Trade, with funds and portfolios integrated across both platforms.
๐ฐ Coinbase Advanced Trade Fees
Coinbase Advanced Trade uses a maker-taker fee model with fees that decrease as your 30-day trading volume increases. The base fees start at 0.40% for makers and 0.60% for takers. For high-volume traders, fees can drop significantly to as low as 0.08% for makers and 0.30% for takers.
| 30-Day Volume (USD) | Maker Fee | Taker Fee |
|---|---|---|
| โค $10,000 | 0.400% | 0.600% |
| $10,000 โ $50,000 | 0.350% | 0.550% |
| $50,000 โ $100,000 | 0.300% | 0.500% |
| $100,000 โ $1,000,000 | 0.250% | 0.450% |
| $1,000,000 โ $5,000,000 | 0.200% | 0.400% |
| $5,000,000 โ $10,000,000 | 0.160% | 0.350% |
| > $10,000,000 | 0.080% | 0.300% |
Fees on Coinbase Advanced Trade are significantly lower than the standard Coinbase interface. By using Advanced Trade, you can save up to 80% on trading fees compared to the standard interface.
Fee Comparison: Standard vs. Advanced Trade
| Feature | Standard Coinbase | Advanced Trade |
|---|---|---|
| Fee Model | Spread-based | Maker-Taker |
| Base Fee | ~0.50%+ spread | 0.40% maker / 0.60% taker |
| High Volume Fee | ~0.50%+ | 0.08% maker / 0.30% taker |
| Fee Discounts | None | Volume-based tiers |
| Best For | Beginners, small trades | Active traders, large volumes |
๐ Order Types on Coinbase Advanced Trade
Coinbase Advanced Trade supports multiple order types to help you execute your trading strategies with precision:
Execute your trade immediately at the current market price. Best for quick execution when speed is more important than price.
Set a specific price at which you want to buy or sell. The order will only execute when the market reaches your price.
Trigger a market order when the price reaches a specified stop price. Useful for limiting losses or entering trades at breakout points.
Trigger a limit order when the price reaches a specified stop price. Combines the features of stop and limit orders.
Use limit orders to avoid paying the spread and to ensure you get your desired price. Limit orders also qualify for maker fees, which are lower than taker fees.
๐ Trading Tools & Charting Features
Coinbase Advanced Trade provides professional-grade trading tools to help you analyze the market and make informed decisions:
- TradingView Charts: Access powerful charting tools with a wide range of indicators, drawing tools, and multiple timeframes.
- Order Book: View real-time bid and ask orders to understand market depth and liquidity.
- Trade History: Track your trading history and performance with detailed reports and analytics.
- Price Alerts: Set up price alerts to be notified when a cryptocurrency reaches a specific price level.
- Watchlists: Create custom watchlists to track your favorite cryptocurrencies.
- Fiat On-Ramp: Seamlessly deposit and withdraw fiat currency to and from your account.
Take advantage of TradingView's extensive indicator library. Common indicators used on Advanced Trade include Moving Averages, RSI, MACD, and Bollinger Bands for technical analysis.
๐ How to Use Coinbase Advanced Trade: Step-by-Step Guide
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1
Log in to Coinbase
Log in to your Coinbase account on web or mobile. Ensure you have completed the necessary KYC verification for full access.
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2
Access Advanced Trade
Click on the 'Trade' button at the top of the page, then select 'Advanced Trade' from the dropdown menu. On mobile, tap the 'Trade' tab and select 'Advanced Trade'.
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3
Select a Trading Pair
Choose the trading pair you want to trade (e.g., USDT/BTC, USDT/ETH). Use the search bar to find your preferred pair.
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4
Analyze the Market
Use the TradingView charts, order book, and other tools to analyze the market before placing your trade.
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5
Place Your Order
Choose your order type (market, limit, stop, etc.), enter the amount or price, and click 'Buy' or 'Sell' to execute your trade.
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6
Monitor Your Position
Track your open orders and portfolio performance in the 'Orders' and 'Portfolio' sections of Advanced Trade.
๐ Tips for Using Coinbase Advanced Trade
- Start with Limit Orders: Limit orders help you control your entry and exit prices and qualify for lower maker fees.
- Use Stop-Loss Orders: Protect your positions by setting stop-loss orders to automatically sell if the price drops below a certain level.
- Study the Charts: Take time to learn technical analysis using the TradingView charts to identify trends and potential entry/exit points.
- Monitor the Order Book: The order book shows supply and demand at different price levels, which can help you identify support and resistance levels.
- Start Small: If you're new to advanced trading, start with smaller positions to learn the platform and refine your strategy.
- Track Your Performance: Use the trade history and analytics to evaluate your performance and identify areas for improvement.
Always check the fee tier you're in before trading. Higher volume traders get significantly lower fees, so consider consolidating your trading activity to reach higher tiers.