GDAX (Global Digital Asset Exchange) is a crypto exchange platform run by California-based Coinbase. The exchange was launched in 2016.
Coinbase was designed for fast crypto buy/sell activities, while its division GDAX targets experienced traders.
Users need to create an account and complete verification to start trading on the platform.
Cryptocurrencies require confirmation before coins will be added to the balance.
BTC: 3 confirmations (30 minutes on average)
BCH: 6 confirmations (10 minutes on average)
ETH: 50 confirmations (12 minutes on average)
LTC: 6 confirmations (30 minutes on average)
The platform trades the following pairs:
GDAX is based on a maker-taker fee model. Maker fee – 0%; taker – 0.10-0.30%.
Deposit (BTC, ETH, LTC, BCH): Unlimited
Deposit (ACH or SEPA): Varies
Deposit (USD via wire): Unlimited
Withdrawal: $10,000/day for individual accounts and $50,000/day for institutional accounts.