Coinbase Launches Coinbase Pro Mobile App

Coinbase has announced the launch of a mobile app for Coinbase Pro, the trading platform for advanced traders. 

Coinbase Pro mobile app has been requested feature, according to Coinbase. “That’s because, until now, our customers have had to make a choice: usability or mobility,” Coinbase notes.

The Coinbase Pro app will initially only be available for iOS devices, while Android app will be released soon. 

Also, Coinbase recently announced an increase in its trading fees. Prior to the fee hike, the firm charged 0.15% maker fees and 0.25% taker fees and now the new fees are 0.5% for both makers and takers. (Neutral)

Official: Alipay to Ban All Bitcoin-Related Transactions

Alipay, the digital payment arm of Chinese e-commerce giant Alibaba, has declared that it will be banning any transactions related to Bitcoin (BTC) and other cryptocurrencies.

On Oct. 10, Alipay reiterated its anti-crypto stance in a Twitter thread, which warned that the company is closely monitoring over-the-counter transactions to identify irregular behavior and ensure compliance with relevant regulations. Alipay wrote:

“If any transactions are identified as being related to bitcoin or other virtual currencies, @Alipay immediately stops the relevant payment services.”

This move follows various reports that Alipay is being used for BTC transactions.

On Oct. 9, major crypto exchange Binance confirmed on Twitter that it has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat

Binance CEO Changpeng Zhao, also known as CZ, clarified that the exchange is not working directly with WeChat or Alipay, and users are still able to use them for peer-to-peer transactions.

This announcement followed the implementation of Binance’s peer-to-peer trading for Bitcoin, Ether (ETH) and Tether (USDT) against the Chinese yuan (CNY) earlier. (Negative)

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