The procedure for selling and buying different digital coins by the people through the exchanging of crypto currencies is known by the term gdax. Then more features when added to GDAX are also known by the name coin base pro. It is very popular in the trading field and first introduces the people in the year 2016. The GDAX stands for global digital asset exchange. This trading process has been launched by the people who are running the coin base in many different countries around the world.
Coin base – the largest exchange for broker
Coin base is designed as the largest exchange for broker throughout the world nowadays. It acts as a middle man between the seller and buyer and earns their money through the fee of transaction that is added on each operation on both of these. It will be easy to understand through an example. Assume an individual wants to sell a bit coin and second wants to buy, then they can easily process their deal through GDAX.
The main purpose of introducing the GDAX by runners of the coin base is that they want to provide a progressive place for trading for the users who already using the coin base. When we compare the coin base with GDAX we will find that the coin base only helps in selling and buying crypto currencies but GDAX permits for trading through a variety of trading tools in real-time. It is usually characterized by allowing experienced merchants to use real-world methods of payment, like their bank accounts, to deposit or withdraw money. If someone has a Coin base account then their GDAX account will be automatically created with the similar login details you are using earlier. It has now stood as the largest trading volume in the crypto currency market.