There have been mobile apps allowing investors to trade stocks on-the-go for a decade now, but mobile options for crypto traders have been limited. That is, up until today.
Digital currency wallet and crypto management platform Coinbase launched the Coinbase Pro mobile app on iOS today. The company notes it will ship on Android “soon.”
The new app offers much of the same functionality as the desktop platform and allows traders to quickly see prices, check their portfolios, and place orders. Similar to the desktop version, the app features analytical tools such as real-time candles, depth charts, order books, and advanced order types. And, just like the desktop version, orders made via the mobile version are subject to the same fees.
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Coinbase Pro launched in May of last year to serve Coinbase’s active crypto traders. Coinbase Pro fees range from 0.50% to 0.0% on trades made in a 30-day period. Similar to Coinbase Pro but for institutional clients, Coinbase offers Coinbase Prime.
After its most recent funding round of $300 million, Coinbase’s total funding hit $525 million and its valuation rose to $800 million. Coinbase demoed InstantExchange at FinovateSpring 2014.