Coinbase rolls out Android app for professional investors

Coinbase Pro, the cryptocurrency exchange’s trading platform for professional investors, has released a new Android application.

The app, available in over 100 countries, allows users to trade and check their portfolios on the go. It supports more than 50 trading pairs, including bitcoin (BTC)-U.S. dollar (USD), ether (ETH)-USD and XRP-USD.

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The launch of the Android app follows Coinbase Pro’s iOS app in October. Linda Xie, product manager at Coinbase Pro, said: “In just over eight weeks, we’ve seen hundreds of millions in trade volume via the mobile platform.”

Orders made via the apps carry the same fees as those executed via the desktop platform, Xie added.

While the Coinbase platform is for “everyone,” Coinbase Pro is for “experts,” the exchange's CEO, Brian Armstrong, once said. “All assets listed on any of our products are subject to our digital asset framework, but some assets listed on Coinbase Pro may be more appropriate for experienced traders due to, for example, higher volatility or less volume than assets listed on Coinbase,” he explained at the time. 

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.