GDAX (Global Digital Asset Exchange) is a leading cryptocurrency platform established in 2017, now rebranded as Coinbase Pro. This review explores its standout features, including competitive fees, robust security, and extensive asset support—making it a top choice for traders worldwide.
👉 Discover why traders prefer Coinbase Pro
What Is GDAX?
GDAX transitioned to Coinbase Pro in 2018, retaining its advanced trading engine while enhancing user experience. Key aspects:
- Asset Variety: Supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and fiat currencies (USD, EUR, GBP).
- Trading Pairs: Includes ETH/USD, BTC/EUR, LTC/BTC, and more.
- Parent Company: Sister platform to Coinbase, offering lower fees and deeper liquidity.
Ideal For: Advanced traders (beginners may face a learning curve).
Why Choose GDAX (Coinbase Pro)?
Key Features
- Real-Time Pricing: Live updates for all listed assets.
Security Measures:
- Cold Storage: 98% of funds offline.
- AES-256 Encryption: Protects wallets and keys.
- FDIC Insurance: Covers up to $250,000 per user.
- Low Fees: 0.1%–0.25% trading fees (vs. Coinbase’s 3.99%).
👉 Explore secure trading options
Supported Countries & Currencies
Geographic Reach
- Major Markets: U.S., UK, Europe.
- Partial Support: Singapore/Australia (must trade in USD/EUR).
Accepted Currencies
| Cryptocurrencies | Fiat Currencies |
|----------------------|---------------------|
| BTC, ETH, LTC | USD, EUR, GBP |
Fees & Customer Support
Fee Structure
- Trades: 0.1%–0.25% (maker/taker).
- Deposits/Withdrawals: Free for crypto; variable for fiat.
Support Channels
- Response Time: 24–72 hours (email/social media).
- Self-Help: Detailed FAQ section for quick resolutions.
Security & Public Opinion
Safety Measures
- 2FA Authentication: Prevents unauthorized access.
- SSL Encryption: Secures all transactions.
User Feedback
- 2018 Glitch: ETH balances temporarily displayed inaccuracies (resolved swiftly).
- Overall Sentiment: Trusted for regulation and transparency.
Final Verdict
GDAX (Coinbase Pro) excels with:
✅ Low fees
✅ Enterprise-grade security
✅ Global accessibility
Best For: Experienced traders seeking advanced tools.
FAQ
Q: Is GDAX the same as Coinbase?
A: They share ownership, but GDAX (Coinbase Pro) offers lower fees and more trading pairs.
Q: What currencies does GDAX support?
A: BTC, ETH, LTC, USD, EUR, and GBP.
Q: How secure is GDAX?
A: Funds are FDIC-insured (up to $250K) and mostly stored offline.
Q: Can beginners use GDAX?
A: Yes, but the interface is optimized for advanced traders.