About GDAX or Coinbase Pro

GDAX has changed their name to the Coinbase Pro, let us know what exactly happened. Coinbase was established by Brian Armstrong & Fred Ehrsam in the year 2011, with the operations starting in the year 2012 when they listed BTC for the open trading. Brian earlier worked as the software engineer for the Airbnb, before launching Coinbase. The review isn’t about Coinbase, however, before we more towards to GDAX, I’s important to know where this came from.

GDAX is the sister-company of Coinbase exchange that was established in the year 2016. It’s the re-branded type of Coinbase, in which this company listed Ethereum for trading. The Coinbase is licensed & approved company in US, and is the oldest players of the cryptocurrency exchange. Rating of Coinbase is the highest in this world; and it is down to trust that it has built with time.

Starting Your Transaction

After starting the operations in the year 2016, gdax got the mixed reaction from the users. Founders of the Coinbase aimed in launching GDAX as the dedicated platform for the seasonal traders or expert users. Interface of the GDAX isn’t very simple as other cryptocurrency exchanges, but, it hasn’t put the users off since it continues building the stellar reputation. One more positive GDAX is that it offers the smooth and seamless transfer of the accounts from Coinbase exchange. Suppose you’re the existing Coinbase customer, then you may easily move the account to GDAX. The account transfer may be very smooth, however still you will have to transfer the cryptocurrency from a wallet to other to trade over GDAX.

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