Cryptocurrency Q&A
What is a Coinbase limit order?
What is a Coinbase limit order?
Maria
Sat Jan 04 2025
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6 answers
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A Coinbase limit order is a type of order placed on the Coinbase platform, where a user specifies the price they are willing to buy or sell a digital asset at. This allows traders to have more control over the price they trade at, ensuring that the transaction only occurs at their desired price point.
6 answers
CryptoChampion
Mon Jan 06 2025
When placing a limit order, you are essentially setting a threshold for the price you are willing to accept.
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Stefano
Mon Jan 06 2025
If the market price reaches or falls below your specified limit (for a buy order) or rises above your specified limit (for a sell order), your order will be executed.
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KimchiQueenCharmingKissWarmth
Mon Jan 06 2025
Limit orders can be particularly useful in volatile markets, where prices can fluctuate rapidly.
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Rosalia
Mon Jan 06 2025
A limit order is a trading instruction that enables investors to specify the price they are willing to buy or sell cryptocurrency.
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Leonardo
Mon Jan 06 2025
This type of order gives traders more control over their transactions and can help them avoid paying more than they are comfortable with for a particular crypto asset.
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