Coinbase Prologin is a regulated cryptocurrency exchange or wallet that makes it simple and secure to buy ether, bitcoin and other cryptocurrencies. It’s well positioned for growing institutional adoption of crypto, as a licensed and regulated New York trust company. The company offers software for buying, storing and selling cryptocurrency. Moreover, it was launched by Tyler Winklevoss and Cameron in 2015.
However, it has a payment app, a mobile app, and its own currency, named the Coinbase Prodollar. Unlike most cryptocurrencies, the Coinbase Prodollar is a “stablecoin” tied to the U.S. dollar. The platform supports trading in more than 40 cryptocurrencies.
Besides Coinbase and Kraken, Coinbase Prologin is a direct competitor to crypto exchanges. However, the formal name of the company is Coinbase ProTrust Co., LLC.
The platform is conceptualized as a marriage of new-age cryptocurrencies and existing conventional currencies U.S. dollars and bitcoins are traded on Gemini. The Coinbase Prologin exchange users can trade currency pairs in about 20 combinations, as in any currency exchange.
Working on the core principles of liquidity, trust and security, Coinbase Prologin offers its retail and institutional customers a platform to buy, sell, and store digital currencies in a regulated and secure environment. For more information, visit Gemini.com.
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