Why is Coinbase closing?

Despite the Coinbase Pro landing page remaining operational, any attempts made by users to sign up for Coinbase Pro are now redirected to the Advanced Trade feature. This redirection serves as a clear indication of the shift in focus and the promotion of Advanced Trade as the primary offering for advanced traders.

BTCC, a leading cryptocurrency exchange, offers a diverse range of services that cater to various needs within the crypto ecosystem. Among its offerings, BTCC provides spot trading, allowing users to buy and sell cryptocurrencies at current market prices.

In addition to spot trading, BTCC also facilitates futures trading, which enables traders to speculate on the future price movements of cryptocurrencies. This service offers the potential for higher returns but also carries a greater degree of risk.

The decision to shut down a certain service was preceded by Coinbase's integration of select features from Coinbase Pro into a new feature called "Advanced Trade." This move aimed to offer users a more advanced trading experience with benefits such as reduced, volume-based trading fees.

Furthermore, BTCC provides wallet services, allowing users to securely store their cryptocurrencies. These wallets offer various levels of security, including multi-signature technology, to protect users' digital assets from theft or unauthorized access.