GDAX announces launch of Coinbase Pro

Yesterday GDAX announced on their blog the launch of a new pro-oriented trading platform Coinbase Pro, which will replace GDAX platform after June 29
24 May 2018   1065

Yesterday GDAX announced in their official blog the launch of their new platform for individual investors – Coinbase Pro.

This new product is aimed at individual professional traders, as opposed to the initial “pro platform” GDAX, which is devised mainly as a tool for institutions who want to enter crypto space. GDAX allowed the company to gather consumer info and develop a completely new platform dedicated and specifically tailored to the needs of individual crypto market players. Any existing GDAX customer can visit the page of the new platform and try it out on their own since yesterday.

The platform was completely redesigned form the ground up to make trading experience more seamless and intuitive. All transactions and balances from GDAX automatically are transferred to Coinbase Pro, and deposit and withdrawal processes are simplified for the customers' convenience. New features also include improved charts to give easy access to historical data, new consolidated portfolio view called “My Wallets” to allow customers to easily view their account balances and orders.

Like GDAX, Coinbase Pro users still have full and direct market access to the Coinbase Markets – a single pool of liquidity or all Coinbase products. Upon login customers will see all of their existing GDAX balances and trade history and will still enjoy the same level of service, the same trading fees and still have access to thee same APIs and security features, that the current platform provides.

Both old and new platforms will operate side by side until June 29, 2018. After that date, all customers will be transferred to the Coinbase Pro.

TokenSoft to Cooperate with Coinbase Custody

From now on, TokenSoft offers two custodial solutions to security-token issuers
21 December 2018   271

Platform for launching security tokens TokenSoft announced the native integration of the broker-dealer TokenSoft Global Markets, which is regulated by the Securities and Exchange Commission, with Coinbase Custody, the leading custodian platform for institutional clients from the US cryptocurrency company Coinbase.

TokenSoft now offers two custodial solutions to security-token issuers: a digital asset store based on their own development, or a Coinbase Custody solution using a blockchain to prevent the client and custodian from mixing.

In many instances, issuers are looking for someone to manage the security and compliance of custody for them. The current options aren’t fully integrated, use omnibus accounts, and don’t provide the level of data granularity necessary to meet the standards of top accounting firms. Additionally, Coinbase’s approval in one of the strictest jurisdictions, New York, gives everyone a lot of comfort. This new custody relationship will enable our issuers to simply work with one of the most well-known custody platforms in the industry, providing them with security, compliance and peace of mind.
 

Mason Borda

CEO, TokenSoft

Coinbase Custody Trust Company LLC received approval from the New York State Financial Services Authority (NYDFS) for custodial services in October.

Previously, Coinbase and TokenSoft invested in a startup called Nomics, which intends to index 95% of the data related to cryptocurrency trading.