Coinbase Pro announces new fee structure, other changes

15 Mar, 2019 | Updated: 16 Mar, 2019
by David Borman
Exchange
Coinbase Pro announces new fee structure, other changes

Today Coinbase announced on their blog that Coinbase Pro would be implementing some changes come March 22nd. These changes include a new fee structure for trades and some other updates to make a "more efficient market."

There were five changes announced today in the blog. The first and maybe most interesting was an update to how the fee system works. The new system is as follows and is based off of the previous 30 day volume:

The second change is an update to order maximums, basically how big a given order is. The maximums are in place to keep massive orders from moving the market too much.

The third change is a decrease in the tick sizes (minimum differences allowed between orders) for the following order books: ETC-USD, ETC-EUR, ETC-GBP, LTC-BTC, ETC-BTC.

Next is the removal of stop market orders. From now on users must submit in the form of a limit order.

The final change is also to protect against too much volatility, and it is the introduction of 10% market order protection points. What this means is, if a single trade stands to move the market more than 10%, the trade will only return a partial fill. This keeps "whales" from ever being able to move the market too much, too fast.

Overall these changes look to be trying to create a better user experience on Coinbase Pro. Will users enjoy the changes? Stick with Chepicap for all updates!

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Poll

How do you feel about these changes?

(15 votes)

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coinbase is a scam platform which doesn't care about the users and cooperates with hackers
17 Mar, 2019 - 21:28
as we all see you are right. coinbase becomes real scam
22 Mar, 2019 - 19:48
This is not how the keys must be hold! The cloud service is entirely insecure! Coinbase, when will you think at least a bit about our privacy?
18 Mar, 2019 - 01:30
coinbase team doesn't think at all. they don't know how to do it
18 Mar, 2019 - 21:13
cloud service can be hacked very easy and all the data will be lost. coinbase doesn't care about its users
20 Mar, 2019 - 22:38
coinbase, both of your wallets hot and cold are rubbish that nobody will use – who wants to wait withdrawal for ages?
18 Mar, 2019 - 01:47
Coinbase is a terrible decision-maker as Stellar is a coin with doubtful past and future. Its listing failed.
18 Mar, 2019 - 17:49
actually they found each other. coinbase + stellar = total shit
22 Mar, 2019 - 21:43
these changes will affect almost all users and they will have to pay now much more than before. coinbase is doing such unfriendly actions all the time
18 Mar, 2019 - 19:15
nope! users wont enjoy changes
18 Mar, 2019 - 19:41
it;s tine for coinbase to stop its fraud activity
18 Mar, 2019 - 22:39
any changes of coinbase are not interested for the normal traders because scam with changes it's anyway scam
18 Mar, 2019 - 23:02
so many news from coinbase. seems like coinbase wants to forget the scandal with neutrino but i will not forget it
19 Mar, 2019 - 22:05
it's really better to use another exchange that coinbase.. i'm tired with coinbase
19 Mar, 2019 - 23:09
these changes.... They chose quite a bad time to do it.
20 Mar, 2019 - 18:36
coinbase often conducts the listing on their terms including pump-and-dump and insider trading. That doesn't surprise me.
21 Mar, 2019 - 10:32
I deleted my coinbase account and from this time never regretted about that. dont care about these fees
21 Mar, 2019 - 19:25

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