Previously, Kryll users could run their trading strategies with Coinbase through Coinbase Pro; however, this became infeasible when Coinbase Pro was discontinued. With the significant change made by Coinbase on November 20, 2023, transitioning from Coinbase Pro to Coinbase Advanced, coupled with the recent integration into Kryll, Kryll users have regain this capability. Coinbase Advanced consolidates advanced trading features into a single platform, enhancing the range of services and functionalities available to users, thus opening new avenues for Kryll users to leverage Coinbase's advanced trading environment.
Established in 2012, Coinbase has consistently been a leading exchange in the cryptocurrency space. It's a comprehensive platform for digital asset trading that serves millions of users globally. The company takes pride in offering top-notch security and has been audited to confirm 100% proof of reserves. Notably, Coinbase has achieved the status of a Virtual Asset Service Provider (VASP) in France, underscoring its commitment to regulatory compliance and security within the European market. Coinbase is operational in a wide range of countries and remains committed to compliance with applicable laws in the regions it serves.
This integration will allow the 100 million Coinbase users to use all Kryll services:
- Launch a strategy from the Marketplace
- Launch their own strategies created from the Strategy Editor
- Trade manually from the Trading Terminal and its options panel
- Use the Swap function to exchange their cryptocurrencies quickly without having to log in to Coinbase
To take advantage of this right now, you need to link your Coinbase API key to your Kryll account (see the tutorial)
If you don't already have a Coinbase account, you can register here
How to add your Coinbase Advanced API key to your Kryll.io account
Kryll provides a tutorial to help you connect your Coinbase account to Kryll via an API key in minutes, click here to get it through.
Kryll.io Blog | Automated Crypto Trading Bot
Does Coinbase Pro still exist?
What Happened to Coinbase Pro? Coinbase Pro no longer exists as it has been discontinued and replaced by a new feature called Advanced Trade. This transition was part of Coinbase's efforts to integrate the lower, volume-based trading fees and other advanced trading features of Coinbase Pro into a more comprehensive offering.
How to Access Coinbase to Advanced?
To access to Coinbase Advanced, users can access it through the Coinbase website or app. If they were using Coinbase Pro, their credentials remain valid, ensuring a smooth switch. A distinct section or link within their account will guide them to Advanced features. For those new or seeking further help, Coinbase offers tutorials and assistance, enhancing user familiarity with the interface and functionalities. For more detailed guidance, visiting the official Coinbase support pages, such as their dashboard overview, can provide comprehensive insights and instructions.
What Are the New Features of Coinbase Advanced?
Coinbase Advanced introduces several enhancements over Coinbase Pro, aiming to provide a more robust trading experience. These features include unified order books for increased liquidity, which can lead to better price discovery and execution for trades. A unified balance across all of Coinbase's retail offerings simplifies account management by providing a single view of your assets. Enhanced API key security features, such as two-factor authentication and possibly biometric checks, offer improved protection for your trading activities. Additionally, Coinbase Advanced plans to support both spot and derivatives trading with a unified API, expanding the trading possibilities for users.
Happy Trading,
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