What are the differences in fees between Coinbase and Coinbase Pro?

Coinbase and Coinbase Pro offer different fee structures primarily based on their target user groups and trading functionalities. Coinbase, catering more to retail and casual cryptocurrency investors, typically charges higher fees that include flat per-transaction fees and variable fees, depending on payment methods like bank transfers or credit cards. In contrast, Coinbase Pro is designed for more active traders and uses a maker-taker fee model, which can lead to lower fees overall. On Coinbase Pro, fees are determined by the user's trading volume over the past 30 days, with higher volumes leading to reduced fees. Moreover, traders on Coinbase Pro can potentially avoid fees by placing orders that are not immediately matched by an existing order, classified as 'maker' orders. Generally speaking, active traders prefer Coinbase Pro for its lower fee structure and advanced trading options, while occasional buyers might prioritize the convenience of Coinbase despite its higher costs.