GDAX is a Bitcoin trading platform and a project of the Coinbase company. It was launched in 2016 and the main goal of its creators was to develop the platform for professional use. Despite the fact that the GDAX exchange is made for specialists, the GDAX app and its interface is not complicated compared with other platforms and is understandable for new users. According to the official website, security is a main concern of the service’s developers, so 98% of assets are stored in offline digital hosts. To start working with the service, a new user should verify his personal data. The platform is targeted at customers from Great Britain, Europe and the USA, as it is only in English and has only three fiat currencies available: USD, EUR and GBP, with the possibility of use dependent on the customer’s region. The main features of GDAX are very fast transactions and the absence of fees.
TrustNodes suspects EOS being behind a large ETH selloff that has been attributed to today’s Ethereum price drop.
Ethereum’s Price Drop Possibly Due To Large ETH Sell-Off By EOS, Report Says
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Coinbase ‘Paves Way’ For New Altcoin Support With ERC20 Upgrade
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Coinbase and its professional trading platform GDAX both now supports SegWit scaling upgrade for transactions on the Bitcoin network.
Coinbase, GDAX Exchange Platforms Introduce Full SegWit Support
GDAX begins BCH trading with few issues, except angry users waiting for SegWit implementation.
GDAX Starts BCH Trading, Users Angry About Focus
Coinbase has refuted recent rumors that Ripple (XRP) will be integrated into GDAX, its flagship digital currency exchange.
Coinbase Rejects Ripple Integration Rumors, Currency’s Market Cap Drops $22 Billion