Cryptocurrency marketplace Coinbase has revealed that its GDAX exchange will evolve to become Coinbase Pro and that it is acquiring Paradex, a token trade rely system. According to the San Francisco-based marketplace, ‘Coinbase Pro is an evolution of GDAX, specifically designed for individual crypto traders.’ Introduced in 2015, GDAX has built liquidity and stability in the sector and has helped the organization understand the needs of its active cryptocurrency traders. The Coinbase Pro service seeks to provide a trading experience that is easier and more intuitive, as it simplifies the funds flow process. Additional functions include improved charts, that will allow customers to scroll and access historical data, and a consolidated portfolio that gives customers a clear overview of their account orders and balances. In an announcement, David Farmer, general manager of Coinbase Pro, explained: “By enabling both investments and the utilisation of cryptocurrency, we’re offering customers a unique opportunity to begin truly participating in the cryptocurrency ecosystem. Our vision is to give customers the ability to participate in products like staking and protocol voting that are distinct to crypto. As the decentralised ecosystem advances, we expect there will be many more opportunities for customers to interact with digital assets in fresh and unique ways.” GDAX users can opt into and start using Coinbase Pro straight away. The organization states that they will see all of their existing GDAX balances and trade history. Both products will operate side-by-side until the 29 June 2018, after which all customers who have not opted-in will be rolled over to Coinbase Pro. In a bid to enable as many of its customers ‘to trade hundreds of digital assets directly from their wallets,’ the trading platform has bought Paradex. Over the next few weeks, the non-custodial relayer will be integrated into Coinbase Pro. In an announcement, the organization noted: “Initially, this experience is for our customers outside the U.S., but will be available to U.S. customers as soon as we obtain regulatory clearance, which we’re actively working toward.” Built on top of the 0x protocol, Paradex allows customers to trade ERC20 crypto tokens and acts as a relay system for transfers. In March, Coinbase disclosed that it was intending to add support for the ERC20 technical standard. At the time, though, it noted it wasn’t announcing the support for any specific assets or capabilities.