Could you elaborate on what GDAX, now known as Coinbase Pro, represents in the world of 
cryptocurrency and finance? I'm curious to understand its significance and how it differs from other exchange platforms. As a professional in this field, I'm interested in knowing the key features and services that Coinbase Pro offers, as well as its reputation and reliability in the market. Could you provide a brief overview of its history, how it functions, and what types of traders it caters to? Additionally, I'd like to know if there are any specific advantages or disadvantages of using Coinbase Pro compared to other exchanges.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Martino
    Wed Jul 10 2024
   
  
    Coinbase Pro, formerly known as GDAX, is a prominent cryptocurrency exchange platform. 
  
  
 
            
            
  
    
    FireFlyer
    Wed Jul 10 2024
   
  
    It enables users to engage in the buying, selling, and trading of various digital coins and tokens. 
  
  
 
            
            
  
    
    ethan_thompson_psychologist
    Wed Jul 10 2024
   
  
    Launched in 2016, GDAX was originally named to represent Global Digital Asset Exchange, reflecting its global reach and focus on digital assets.
  
  
 
            
            
  
    
    KimonoGlitter
    Wed Jul 10 2024
   
  
    The creators of GDAX are affiliated with Coinbase, a well-known cryptocurrency brokerage that has grown to become one of the largest in the world. 
  
  
 
            
            
  
    
    MysticRainbow
    Wed Jul 10 2024
   
  
    Coinbase's success and reputation have positively influenced the growth and perception of GDAX, providing it with a solid foundation.