Coinbase Revamps GDAX And Will Offer P2P Trading


Coinbase is revamping its trading platform GDAX, making it more user-friendly and attractive to institutional investors on Wall Street, such as hedge funds and high-frequency trading firms. The company has said the new service will be rolled out at the end of June. Coinbase has also announced the acquisition of Paradex, a decentralized platform which allows users to trade tokens directly amongst themselves. The Peer-to-Peer (P2P) service is expected to increase the types of cryptocurrencies Coinbase customers will be able to access, offering a similar service to LocalBitcoins.