What are the common problems faced by Coinbase Pro users?

3 answers

• Jan 12, 2022 · 3 years ago
  One common problem that Coinbase Pro users often face is slow transaction speeds. Due to the high volume of transactions on the platform, it can sometimes take longer than expected for transactions to be processed. This can be frustrating for users who are looking for quick and efficient trades. To mitigate this issue, it is recommended to use higher transaction fees to prioritize your transactions and ensure faster processing times.
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• Jan 12, 2022 · 3 years ago
  Another common issue is account verification delays. Coinbase Pro has strict verification processes in place to ensure the security of user accounts. However, this can sometimes result in delays in the verification process, causing inconvenience for users who want to start trading immediately. To expedite the verification process, make sure to provide accurate and complete information during the account setup and verification process.
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• Jan 12, 2022 · 3 years ago
  At BYDFi, we understand the frustration of high trading fees. Coinbase Pro users often complain about the high fees associated with trading on the platform. While Coinbase Pro offers competitive fee structures compared to other exchanges, it is important to consider the trading volume and frequency to optimize fee costs. To reduce trading fees, consider using limit orders instead of market orders and take advantage of maker fees for providing liquidity to the order book.
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