What is Coinbase pro & how does it work?

For those just starting their journey in the cryptosphere, it's important to understand the various platforms available. One such platform that often comes to mind is Coinbase Pro. So, what exactly is Coinbase Pro? In essence, it's a trading platform designed for active traders and institutions seeking to buy and sell digital assets in a secure and reliable environment. Unlike its consumer-focused counterpart, Coinbase, Coinbase Pro offers a more robust set of trading tools, including real-time order books, charting capabilities, and advanced trade options. The platform works by providing a marketplace where buyers and sellers can connect, facilitating trades through a robust matching engine. Users can deposit fiat currencies like USD or EUR into their accounts, and then use those funds to purchase or sell cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The trading interface is intuitive yet powerful, allowing users to execute trades quickly and efficiently. Security is paramount at Coinbase Pro, with multi-layered protection including encryption and offline storage of private keys.