Tailored specifically to the needs of institutional investors, Coinbase's GDAX is recognized as one of the world's most trusted cryptocurrency exchanges.
Through this partnership, TT users will be able to view market data, submit orders, and leverage a market-leading suite of charting and automated trading tools to trade cryptocurrencies on GDAX.
is overseen by Adam White, a former Air Force officer and a graduate of Harvard Business School.
(Interactive Brokers discloses that its customers paid an average of just 0.011% of the trade value in commissions and fees to place a trade via its service, 89% less than the least-expensive bitcoin trades on Coinbase's GDAX
As of the date of this article, Coinbase will only file a Form 1099-K for business-use accounts and GDAX
(Coinbase's trading exchange) accounts that exceed the annual reporting threshold of engaging in more than 200 transactions that amount to greater than $20,000.
For example, a (https://www.fool.com/investing/2017/06/26/if-you-needed-a-great-reason-to-avoid-bitcoin-and.aspx) stop-loss cascade on the GDAX
exchange drove Ethereum's price from $224.48 to $0.10 (no, seriously, 10 cents!) in roughly one second on June 21, 2017.
Several cryptocurrency platforms, including Kraken and (https://www.gdax.com/) GDAX
, provided public pricing data as BCH surged on popular exchanges with wildly (http://www.ibtimes.com/bitcoin-price-crashes-after-coinbase-starts-bitcoin-cash-trading-2630645?utm_content=buffer2d014&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer) oscillating prices .
Adam White, general manager of Coinbase Inc.'s GDAX
market, told IBT Coinbase now has around 8 million users.
On Coinbase's GDAX
, for example, only about five million dollars worth gets traded on a daily basis.
More prominently, digital exchange desk GDAX
announced last week it would (https://blog.gdax.com/eth-usd-trading-update-2-216a3b946ef6) refund traders affected during the initial ether flash crash.
Adam White, general manager of the Coinbase exchange GDAX
, told IBT shopping with bitcoin is much easier than skeptics might expect.