One of the largest cryptocurrency exchanges in the U.S., Coinbase is presenting a group of new and advanced features to their crypto empire which was a trading platform ‘GDAX’ previously, now rebranding to ‘Coinbase Pro’.
Let’s walk you through ‘Coinbase Pro’: the crypto player is dealing daily trading volume dispensation about $380 million, Coinbase’s professional trading platform GDAX is currently one of the largest exchanges in the world by daily volume.
The platform renovation includes a wallet-to-wallet trading function for ERC-20 enabled tokens through the acquisition of Paradex, a cryptocurrency relay platform.
The freshly restructured Coinbase Pro is intended to facilitate the ease of trading experience and more intuitive, according to the San Francisco-based exchange.
Coinbase has lately acquired Paradex to integrate wallet-to-wallet trading functionality into their new Coinbase Wallets within the near future, with a view to further streamline and rationalize the trading cryptocurrency and enhance the scope to a global audience as well.
Paradex facilitates undeviating wallet-to-wallet transactions of ERC-20 tokens through its relay platform running on the 0x protocol.
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