Coinbase Pro is the one entry in Moonitor's exchange list that needs explaining, because the product most people remember by that name no longer exists in the form they remember.
The short version: the feed works, the prices are real and current, and it is the right choice if you bought on Coinbase. The name is just out of date.
What happened to Coinbase Pro
Coinbase retired Coinbase Pro as a separate retail product in 2022 and folded its features into the main Coinbase app as Advanced Trade. If you had a Coinbase Pro account, it became a Coinbase account, and the standalone site stopped being the place you traded.
The underlying institutional platform did not go away. It continues as Coinbase Exchange, at exchange.coinbase.com, and it is still where the order books and the public market data live. That feed is what Moonitor reads, and it is current.
So the label in the app is historical. The data behind it is not.
Coinbase, Coinbase Pro and Coinbase Prime
Three names that cause confusion, and Moonitor lists two of them:
- Coinbase is the retail app most people use to buy crypto. Simple interface, higher fees, no separate feed in Moonitor.
- Coinbase Pro, now Coinbase Exchange, is the advanced order book platform. This is the price feed to use for ordinary Coinbase holdings, because it is the same market.
- Coinbase Prime is the institutional venue, available in Moonitor on desktop only. Unless you know you use Prime, you do not.
If you bought coins in the regular Coinbase app, choose Coinbase Pro in Moonitor. You are pricing against the same underlying market, just through the professional feed rather than the retail interface.
Dollars, not stablecoins
This is the practical reason to prefer Coinbase over most alternatives if you are American.
Nearly every other exchange quotes against USDT, a dollar stablecoin. Coinbase quotes primarily against actual US dollars, so BTC/USD is a real dollar price from a US regulated venue rather than a stablecoin price that tracks the dollar closely but not perfectly.
For portfolio totals the difference is normally small. It stops being small during a stablecoin depeg, which has happened before and will happen again. A portfolio priced in USDT inherits USDT's problems. One priced in USD does not.
Coinbase does also list some USDT pairs. Prefer the USD ones.
Setting it up
- Choose Coinbase Pro as the exchange.
- Search for your pair. Use the USD quoted version, for example
BTC/USD, rather than USDT where both exist. - Add each purchase with the amount and the price you paid.
Enter buys individually rather than as one averaged position, so Moonitor can compute the weighted average. See tracking crypto profit and loss.
Fees will make your figures optimistic
Worth flagging on this exchange in particular. If you bought through the simple Coinbase interface rather than Advanced Trade, you likely paid a noticeably higher fee than the order book price implies.
Moonitor records the price you enter. If you enter the headline market price rather than what the purchase actually cost you including fees, your cost basis is understated and your profit is overstated. Enter what you were actually charged, divided by the amount you actually received.
Assets Coinbase does not list
Coinbase lists a smaller set of assets than Binance or KuCoin, and it is slower to add new ones. If you hold something it does not list, price it against an exchange that does. The full list is in supported exchanges.
