The Death of Coinbase Pro
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DumbMoney w/ Matt Kohrs
Track My Trades & Share Yours:
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True Trading Group Education Partner
TTG's Free 7-Day Trial: https://ttgshort.com/ttg3-moon
Track WallStreetBets w/ Tendies
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Video As A Podcast:
🎧 Apple: https://podcasts.apple.com/us/podcast/moon-money/id1550699494
🎧 Spotify: https://open.spotify.com/show/6kdJCHY0VMqLzIxwCHU59A
#Coinbase #CoinbasePro #crypto #MoonGang
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
This is incredibly important, so listen up, coinbase pro is going away, coinbase to shut down coinbase pro to merge trading services. This is what you need to know, especially if you're on coinbase pro coinbase's professional trading platform. Coinbase pro will cease to exist that the cryptocurrency exchange is restructuring services to bring them all into one platform. The us-based trading firm, coinbase, officially announced on june 22 that will start sun setting coinbase pro to migrate.
All advanced trading services into one unified coinbase account coinbase. Pro services will migrate to what's going to be referred to as advanced trade, coinbase's new trading section available on the exchange's main website. So basically, it's just going to get all consolidated. The upcoming migration of coinbase pro to advance trade will take place gradually over the next.
Several months as the exchange will continue to launch new upgrades to advanced trade for customers holding funds on coinbase pro, there is no action to take once again. If you are holding funds on coinbase pro, there are, no actions to take funds will remain safe on coinbase. Meanwhile, customers were welcome to begin using advanced trade on coinbase mobile, app and coinbase.com, just the recent fallout with the whole 10q thing and the custody assets and what is or isn't on the balance sheet. I feel like it's a little bit questionable really to be on coinbase.
Just i want more clarity on the 10q and in the event of a bankruptcy we know coinbase just laid off about 18 of their workforce. 1 100 people crypto doesn't look the best right now. I'm a little bit hesitant, let's say to keep my money there, because we don't have clarity on if they do go down. Does that mean my money goes down with coinbase or will i still get to keep my crypto? That's why we have the saying not your keys, not your coins.
This consolidation makes users feel more convenient. If you look at the balance sheet of COIN, the cash reserve seems sufficient to let Coinbase get through the crypto winter.
😊💓
Hopefully the fees drop. Only reason i had cbpro was fees were less than original cb
I'm not worried about it, They should have consolidated that shit long ago, Wasn't any need to have separate platforms under the same name.
Read on there twitter site that those of us who have the basic coinbase account willbe able to buy coins like xdc. I for one likeit.
So does anyone have an opinion if coinbase is a buy at around $50?
Coinbase is just getting started
This is a smart move on their part. Consolidating makes sense.
Coinbase is fraud ~
Voyager is what you have to be worried about.
Coinbase is fine but coinbase pro always been useless.
I am so in the red with my crypto.
These video titles are out of hand and completely misleading. People much need click bait money.
CBP was hands down the worst. Platform I've ever seen
On Coinbase you own your crypto right? You can even transfer your crypto in a cold wallet so I am coinfuse…
Coinbase is garbage always has been. Tricking people with free Crypto then rob you for it later.
Still in Coinbase… hope they don’t take my money in bankruptcy. Guess we will see
Consolidation doesn’t mean death! Stop fear mongering… 🤦🏻♂️
Can not respect the CEO of Coinbase who just bought a 130 million dollar home…..
Glad I withdrew
1st