Coinbase.com advanced trade | advanced traders with the security they deserve.
If you have been keeping an eye on the major changes and developments that Coinbase has gone through, then you must be aware of the fact that they have already called off their Coinbase Pro trading platform in June 2022. However, in compensation for the same, they have added all the features of Coinbase Pro to the coinbase.com advanced trade tab which is available on the Coinbase exchange itself. So, let us now take a look at the upcoming section and understand how advanced trading on Coinbase can be helpful.
What is Coinbase.com's advanced trade?
When you navigate to the Advanced Trading tab on the official Coinbase website, you will get to know that it allows crypto traders to access and use a wide spectrum of features that are not available for beginners. This trade allows you to get access to chart analysis tools, you can also earn up to 6% staking rewards on a wide range of digital assets, and most importantly, you'll get access to a wide range of security features. And you know what the best part is, you will surely need to pay a low fee just like you did on Coinbase Pro.
Some exclusive features of Coinbase.com advanced trade
When you navigate to the Coinbase.com Advanced Trade portal, you are provided with one of the best services available in the crypto market space. So, let us now take a look at the details presented below and see if it is worth our consideration:
Low fees: When you trade crypto assets via the advanced trade tab on Coinbase, you are charged a very nominal maker and taker fees
Rewards: If you have some USDC in your account, you can earn rewards such as 6% APY just for holding them in your account
Asset availability: on Coinbase Advanced Trade, you can easily trade around 550+ market pairs. Moreover, you can place Limit orders, Market orders, and Stop Limit orders from this tab
Advanced Charts: On this platform, you may also get access to Charts powered by TradingView. The charts that are available on the platform are EMA, MA, MACD, RSI, Bollinger Bands, drawing tools, etc.
Enhanced Security: While some platforms only offer 2FA and biometric security, Coinbase.com Advanced Trade offers security features such as FDIC-insured USD balances up to $250K, Coinbase Vault, Address Whitelisting, YubiKey Support
How to sign up on Coinbase Advanced Trade?
Note: If you already have a Coinbase account, you do not need to create a separate account in order to use the Advanced Trading services offered on the platform. In case you do not have a Coinbase account, you can follow the steps given below to acquire one:
From a web browser, go to https://www.coinbase.com/advanced-trade
Now, spot the "Sign Up" option at the top of the page and click it
After that, you can fill out the Coinbase sign-up form
Make sure that you verify your email address and phone number when asked
Upload your govt. issued ID on being prompted
Once your account is verified, you can start using Coinbase.com's advanced trade
Learn the steps to log into Coinbase.com Advanced Trade
You can either use your Coinbase login credentials to log in and access all the services offered on the Coinbase Advanced Trade platform. However, if you had directly signed up on the advanced trade page, you can use the same credentials to log in. In addition to that, those users who have enabled the two-factor authentication service must enter the login code to sign in and access their accounts. Here are the steps to log into your account:
Visit https://www.coinbase.com/advanced-trade from any browser
After that, you can select the "Sign in" option present on the bar at the top
Furthermore, you can type your registered Coinbase email address on the platform
This shall be followed by entering the Coinbase login password
If applicable, enter the login code sent to you by Coinbase
How to stake crypto and earn up to 10% APY on Coinbase?
Coinbase not only allows you to be involved in basic buying and selling of the assets, but it also lets you trade, earn, as well as spend, send, and borrow crypto assets. Just by holding some USDC in your account, you can easily earn an APY of 5%. However, if you "stake" your assets such as SOL, ATOM, ETH, XTZ, etc. then you can earn rewards of up to 10% APY. To learn the steps to do so, here are the guidelines to be followed:
Sign into your Coinbase account and navigate to the "My Assets" section
After this, you can choose the asset that you wish to stake and hit the "Stake" option
Now, review the whole staking information and select "Continue"
On the next page, enter the staking amount and choose "Preview Stake"
Finally, hit the "Stake Now" option to complete the process
Note: Staking assets through Coinbase Advanced Trade is available only for those users who have already verified their identity on the platform by using a valid TIN. In addition to that, you also have to be a resident of a location where staking is allowed by Coinbase.
Fix issues and problems with Coinbase.com Advanced Trade
While using the Advanced Trade services offered by Coinbase, if you happen to come across an error message, then there are some sure-shot ways through which you can get rid of those errors. Here's the discussion on those error messages:
Insufficient Funds: If you try to transact an amount that is more than your current account balance, then you'll get this error message. Hence, you must lower your amount or add some more funds to place your orders.
Minimum and maximum orders: While placing an order it is mandatory that you take care of the decimals. One decimal here and there can lead to such errors.
Something went wrong error: If you see this error message on Coinbase.com Advanced Trade, then you can surely cancel your current order. You may also try updating your watchlist.
Conclusion:
If you continue to see a recurring error message, then you can also reach out to the Coinbase help team and get the issues resolved. However, before reaching out to the support team, try to resolve these errors on your own and something might help you. To make sure that you are able to trade on the go, you can also use the Coinbase mobile app on your Android or iOS device and enjoy all the functionalities of Advanced Trade on your smartphone.
**Disclaimer** This website is meant to guide users all about Coinbase. However, please do not consider this as an investment advisory and we do not endorse the products and services offered by Coinbase in any manner. Please do not consider us to be affiliated with the officials of Coinbase. We are using their brand name, logos, and images only with the aim to create a sense of reference.