One biggest benefit of GDAX is that it has simple migration from the Coinbase. People who are trading cryptocurrency from past some years have likely been the customer of Coinbase. Originally Coinbase was strictly dedicated to Bitcoin from 2012, till it launched BTC, ETH, and LTC support. The gdax has allowed the users to trade some other currencies also. At present, it has same currencies as Coinbase that is Bitcoin Cash, Ethereum, Litecoin and Bitcoin.
1. GDAX is seen as the traders dream as they allow the marginal trading, not like other cryptocurrency exchanges, which do not. It means you do not have to put complete size of trade down whereas gaining maximum profits. Its flip side is that you can realize maximum losses.
2. The cryptocurrency exchange has lowest fee structures. This charges from 0.1% – 0.25% for the transactions. This follows the maker-taker model, and has no maker fees. It means, somebody who would like to ‘buy’ crypto-asset doesn’t have to pay additional fees that are quite amazing! However, taker (or seller) needs to pay some fees. These fees differ from one currency to another, and on a volume to get traded. Suppose you’re trading high volume, then your fees might be lower.
3. The GDAX’s interface & model resonates totally with the experienced trading platforms. People who would like to take the trading game notch higher, should use GDAX network for the rich interface. This allows the customers to deposit 3 different currencies: Euro, USD, and Pound Sterling.