Major cryptocurrency exchange Coinbase will be changing the user experience on its platform and Coinbase Pro will be gradually shutting down the service.
Separately, the company launched its redesigned Wallet mobile application that makes it easier for users to access and navigate top decentralized apps (dApps) and also enables support for Solana.
No More Coinbase Pro
The company said that it wants to keep all of its services under one umbrella, which is why it will gradually stop allowing users to access professional trading platform Coinbase Pro. Thus, customers will be able to stake, borrow and use Dapp Wallet and Coinbase Card from the main platform.
The exchange noted that it will be “upgrading advanced trading from Coinbase Pro to Coinbase Pro for each customer” over the next weeks, along with other improvements to “advanced trading in the Coinbase mobile app”.
“Advanced Trading offers more in-depth technical analysis, advanced real-time order book and charting powered by TradingView to help clients research and analyze the crypto markets before making investment decisions.” – The advanced trading feature is described in the statement.
The crypto exchange also announced the wallet changes via an official blog post on Wednesday (June 22, 2022). According to Coinbase, the new Wallet mobile app became available on June 22, and more users will be using the app in the coming weeks.
The new design comes with a new dapp browser, a default dark mode and real-time price charts. Users can also explore decentralized finance (DeFi) protocols, play-to-earn (P2E) games, and further functionality that allows easy movement between dapps on different networks.
Coinbase also added support for the Solana network, stating:
“With support for sending, receiving and storing SOL and SPL tokens, you no longer need multiple wallet apps for your multichain web3 activity”.
In addition, the redesigned Coinbase Wallet app helps users better manage their Ethereum and Polygon NFTs. In addition, a DeFi tab on the home screen makes it easy to view balances and deposits on the Ethereum network. Meanwhile, the crypto exchange said it has plans to support more networks.
The new app seeks to broaden its reach to billions of people worldwide by including support for 25 languages.
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