Launched in 2016, Global Digital Asset Exchange (GDAX), a popular cryptocurrency exchange, lets people trade a variety of digital coins. It is Coinbase’s sister company. GDAX is a highly dedicated platform for both expert users and seasonal traders. It has four cryptocurrencies on trade including Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BCH). GDAX allows flat currency and cryptocurrency pairs trading. It essentially serves as a middleman between the buyers and the sellers and hence makes its profit by the transaction fees it charges. With one of the most reasonably priced or say, the lowest fees structure, it charges around 0.1%-0.5% for any transactions. GDAX lets you trade cryptocurrencies in real-time, utilizing a range of trading tools. Moreover, if you have your Coinbase already, then you’ve a GDAX account automatically. Else, signing up on GDAX is as simple as signing up on any cryptocurrency exchange to start trading. Those who wish for hardcore trading platform would just fall in love with GDAX platform for its information rich interface and detailed layout. It stores 98% of their cryptocurrencies in cold storage, therefore, losing anything is next to impossible.
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