Coinbase vs Coinbase Pro: Which Subscription You Should Choose?

28th October 20246th February 2026 rackco.com 0 Comments

Operations accounted for nearly one-third of the company’s overall revenue and Reuters estimated that the company’s global revenue totalled “around US$520 million” in 2018. The company also announced a large office opening in Charlotte, North Carolina to serve as its “Center of Excellence.” The company also provides an application programming interface (API) for developers and merchants to build applications and accept payments in digital currencies. Additionally, Coinbase provides Coinbase Developer Platform for developers and non-technical users, which facilitates “on-xcritical” actions like balance checks, ETH testnet requests, and asset transfers. The same month, Coinbase announced it would expand its offerings to include prediction markets through a partnership with Kalshi. In November 2025, Coinbase rebranded its Coinbase Wallet as Base app, described as combining social media, messaging, trading, and payments on its Ethereum layer-2 network, Base.

Data Linked to You

On December 19, Coinbase listed Bitcoin Cash, and the Coinbase platform experienced price abnormalities that led to an insider https://xcritical.pro/ trading investigation. In 2014, Coinbase grew to one million users, acquired the xcritical explorer service Blockr and the web bookmarking company Kippt, secured insurance covering the value of bitcoin stored on their servers and launched the vault system for secure bitcoin storage. The company operates in more than 100 countries and holds nearly US$516 billion in assets, including nearly 12 percent of all bitcoin in existence and 11 percent of all staked Ether. The company was founded in 2012 and is based in New York, New York.

How Cryptocurrency Taxes Work

With its unwavering commitment to innovation and user experience, Coinbase Pro sets the standard for professional-grade cryptocurrency trading platforms. As the cryptocurrency market continues to evolve, Coinbase Pro remains at the forefront, consistently delivering cutting-edge features and tools to meet the ever-changing needs of traders and investors alike. Whether you’re a hedge fund manager, a fintech firm, or a seasoned crypto enthusiast, Coinbase Pro provides a seamless and intuitive trading experience, empowering you to navigate the dynamic world of digital assets with confidence. Designed to meet the demands of medium to large enterprises, financial institutions, and high-net-worth individuals, Coinbase Pro offers a comprehensive suite of tools and features tailored for sophisticated cryptocurrency trading. Depending on the country you pay taxes in and the type of transactions you have made, you may need to pay taxes on your Coinbase Pro crypto transactions. To get a complete record of your entire cryptocurrency transaction history, we recommend using crypto tax software.

Coinbase Global, Inc. Overview Financial Data & Stock Exchanges / Financial Services

Stay xcritical on everything from breaking news in crypto to best practices for on-xcritical accounting and payments. Unify trade, custody & treasury data for automated reporting Save time with accounting, tax, and compliance automation $25 in crypto after trading $100 (referral required). Coinbase has gone the extra mile to make sure that its users’ assets and cash deposits are protected. You’ll want to double check the fees and make sure you understand what you’re being charged before you finalize any transaction.

Navigating Coinbase Pro for Transaction History

On May 15, 2025, Coinbase announced it expected the attack would cost the company up to $400 million. In May 2025, Coinbase disclosed an extortion attempt where cybercriminals bribed rogue overseas support agents to steal customer data for social engineering attacks. In June 2023, the SEC said it was suing Coinbase, alleging that the company had been acting as an unregistered broker, exchange and clearing agency since 2019, requesting that the company be “permanently restrained and enjoined” from doing so. In February 2023, Coinbase launched its own layer 2 xcritical on Ethereum, based on MIT-licensed OP Stack of layer-2 xcritical Optimism. Citing the possibility of “further contagion” following the collapse of the FTX exchange, Brian Armstrong said Coinbase would be “shutting down several projects where we have a lower probability of success”. On January 10, 2023, Coinbase announced it would be laying off around 950 employees, incurring restructuring expenses of up to US$163 million.

If your trading volume is high enough to justify the subscription cost, it may be worthwhile to choose Coinbase One over a free Coinbase account. Coinbase One offers more cryptocurrency options than Coinbase. Coinbase One has lower fees for higher volume trades. By contrast, Coinbase Advanced Trade, or a Coinbase One account, allows for more complex trades, including Spot Trades and Futures with advanced charts. In other words, this platform is for straightforward trades that beginners can execute without any difficulty.

“Stable Pairs,” or trading pairs of stablecoins have fixed maker fee of 0.00% and taker fee of 0.001%. The project was established by former Airbnb engineer Brian Armstrong and former Goldman Sachs trader Fred Ehrsam in 2012. ‍Once you’ve made all the necessary selections, click on ‘Download’ to obtain your transaction history. Besides generating custom reports, Coinbase also offers the option to download your Coinbase Pro transaction statements for each month. This area is dedicated to all your financial documents, including transaction histories and statements. This transition aims to consolidate services and offer a unified trading experience under Coinbase Advanced Trade.

Coinbase Prime Approvals

Common customer complaints included being locked out of their accounts despite providing the required information for reinstatement, as well as finding it “nearly impossible” to reach support when assistance was needed. As of 2025, Coinbase is the world’s largest custodian of bitcoin, holding over 12% of all bitcoin in existence. In 2021, as part of its SEC filing to go public, Coinbase reported 43 million verified users, 7,000 institutions, and 115,000 ecosystem partners in over 100 countries.

The platform operates on a maker-taker fee structure, where fees are determined by the trader’s role in providing liquidity to the market. By leveraging Coinbase Pro, you gain access to a secure, efficient, and feature-rich trading environment that empowers you to navigate the dynamic world of digital assets with confidence. Coinbase Pro offers a comprehensive suite of benefits that cater to the diverse needs of traders, investors, and businesses operating in the cryptocurrency space. From fintech startups to established financial institutions, this powerful platform equips organizations with the tools necessary to leverage the potential of cryptocurrencies and xcritical technology. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation. The U.S. crypto exchange’s trading volume declined 44% from the fourth quarter.

Does Coinbase Pro report to tax authorities?

In January and then March 2017, Coinbase obtained BitLicense and was licensed to trade in Ethereum and Litecoin from the New York State Department of Financial Services (DFS). Also, in July, they announced they would halt services in August after the closure of Canadian online payments service provider Vogogo. In the same year, the company also added bitcoin payment processing capabilities to the traditional payment companies Stripe, Braintree, and PayPal. Throughout 2014, the company also partnered with Overstock, Dell, Expedia, Dish Network, and Time Inc. allowing those firms to accept bitcoin payments. 8 In October 2012, the company launched the services to buy and sell bitcoins through bank transfers. Fred Ehrsam, a former Goldman Sachs trader, later joined as a co-founder after noticing Armstrong’s posts on Reddit.

The trouble with Coinbase Pro’s reporting is that it only extends as far as the Coinbase Pro platform. Perhaps you also trade on Coinbase or earn interest from BlockFi. Once you have your calculations, you can fill out the necessary tax forms required by your country. xcritical website Cryptocurrencies like bitcoin are treated as property by many governments around the world—including the U.S. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct. But in November 2020, margin trading was disabled due to changes in the regulatory environment.

Coinbase One offers more cryptocurrency options than Coinbase.
Many of the platform’s features are now available on Coinbase Advanced Trade.
Our team of experts has been guiding customers for over 30 years, ensuring they make informed choices that align with their specific needs.
Automate back-office ops with powerful tools for high- volume crypto teams
Securities and Exchange Commission reportedly threatened to sue Coinbase if the company decided to launch a cryptocurrency lending product called Lend.
In June 2023, the SEC said it was suing Coinbase, alleging that the company had been acting as an unregistered broker, exchange and clearing agency since 2019, requesting that the company be “permanently restrained and enjoined” from doing so.

The problem was initiated when banks and card issuers changed the merchant category code (MCC) for cryptocurrency purchases earlier that month. It also holds over 11% of all staked Ether and other digital assets like solana. The stolen data included personal and account information, but no passwords, private keys, or funds. The next month, Coinbase sued the SEC asking a federal court to force the regulator to respond to a rulemaking petition the company submitted last year asking it to make clear regulations pertaining cryptocurrencies. In the following month, in response to the 2022 Russian invasion of Ukraine, Coinbase blocked 25,000 cryptocurrency wallet addresses related to Russia.

Bitcoin, Ethereum Fall With No Crypto Rally in Sight. Coinbase, Strategy Stocks Suffer.

The IRS considers cryptocurrency a form of property that is subject to both income and capital gains tax. In 2015, Coinbase started a new platform for dedicated crypto traders. In this guide, we’ll share the basics of how cryptocurrency is taxed and break down a simple 3-step process to help you report your Coinbase Pro taxes to the IRS. Coinbase Pro is one of the most popular cryptocurrency exchanges in the world.

Coinbase has over 100 million users, and is the largest U.S. based cryptocurrency exchange as well as the world’s biggest bitcoin custodian, as of 2024. Check out Coinbase Wallet—a secure crypto wallet compatible with the exchange that puts you in control of your crypto, keys and data.- Store crypto assets in your cryptocurrency wallet safely and securely.NEED MORE HELP? To understand how much you’ll be paying in taxes on your Coinbase Pro transactions, let’s review the basics of cryptocurrency taxes. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Coinbase Pro, Coinbase Pro can’t provide complete gains, losses, and income tax information. Managing and utilizing your transaction data effectively for tax purposes not only simplifies your tax reporting but also empowers you to make informed decisions regarding your cryptocurrency investments.

Later in January, the company launched a U.S.-based bitcoin exchange for professional traders called Coinbase Exchange. Coinbase Global, Inc. operates platform for crypto assets in the United States and internationally. This robust platform excels in areas such as security, user-friendliness, and regulatory compliance, making it an attractive choice for both seasoned traders and those new to the crypto world. On the positive side, users rave about the intuitive interface and user-friendly experience, making it a prime choice for both seasoned traders and newcomers to the crypto scene. Navigating the cryptocurrency realm can be a daunting task, but Coinbase Pro has emerged as a beacon of reliability amidst the tumultuous tides of digital finance.

However, cryptocurrency exchanges have trouble tracking your gains, losses, and income if you’ve transferred your cryptocurrency into or out of the platform. The 2021 American infrastructure bill requires parties facilitating cryptocurrency transactions to submit 1099 forms that report capital gains and losses. The 1099-MISC is meant to help users report miscellaneous income from rewards, but it does not show every taxable event — such as your capital gains and losses from cryptocurrency disposals. However, even serious traders often feel confused about how to report their transactions on the platform. Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Coinbase Pro. Over 150 crypto assets can be traded on the online platform, including popular options like BTC, ETH, AVAX, SOL, ADA, USDC, DOGE, MATIC and USDT.

Coinbase has 260+ cryptocurrencies available for trading as of December, 2024.
The same month, Coinbase announced it would expand its offerings to include prediction markets through a partnership with Kalshi.
The platform offered users advanced options to trade cryptocurrencies and low trading fees.

Calculate Your Crypto Taxes

Although cryptocurrencies can assure anonymous trade in principle, Coinbase trades are not anonymous. These functionalities allow the users to experiment with autonomous xcritical operations, aiming to improve the experience while executing smart contract transactions and other decentralized actions. It offers products for retail and institutional cryptocurrency investors, and other users including merchants and small businesses. That same month, the company reported it was holding digital assets worth $516 billion on its platform. In December 2024, Coinbase added Apple Pay support to its Onxcritical platform (formerly known as Coinbase Pay), allowing users of third-party apps to fund their crypto purchases directly through Apple’s payment service.