Coinbase Pro Adds Improved Crypto Address Functionality


Coinbase Pro, the company’s professional trading platform, has launched a number of new features designed to improve its security and user interface.

According to the announcement, the major updates include a new crypto address system that provides an easy way to keep track of frequently used crypto addresses and an option for address whitelisting.

The address whitelisting allows users to pre-select addresses that qualify to receive transactions, reducing the likelihood of a security¬†compromise where funds are sent to a hacker’s address. The address whitelisting process comes with a 48-hour delay to allow users to fully confirm that someone isn’t trying to add an illicit address.

This news comes several weeks after Coinbase Pro earned the highest security ranking in an independent study conducted by ICORating, a leading research group focused on digital assets.

More: Coinbase Pro adds new security and usability features
Similar: Report: Coinbase Pro and Kraken Score Highest in Exchange Security Rankings

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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