When you place a limit order on Coinbase Pro, you’re indicating your interest to buy or sell at a specific price. Your order will only execute if the market price matches your limit price. If the market price doesn’t reach your limit price, your order will remain open until it’s canceled or the price is reached

When you place a limit buy order, you’re saying that you want to buy at a certain price or better. For example, if you place a limit buy order for 1 BTC at $9,000 and the Lowest sell order is $9,200, your order will fill at $9,200.

This is because when you place a limit buy order, your order will only execute at the best available price. In this case, the best available price is $9,200.

If you want to guarantee that your order executes at your specified price, you can place what’s called a post-only limit order. A post-only limit order is an order that will only be placed on the book if it can be filled immediately at your specified limit price.

This means that if there isn’t enough liquidity at your specified price, your order won’t go on the book and will remain in your account as an open order. You can think of it as placing a bid or offer in an auction – if there aren’t any other bids or offers at your specified price, then your bid or offer won’t be placed.

Post-only orders are useful for avoiding maker fees. When you place an order that isn’t post-only and it doesn’t immediately fill, it may rest on the book for some time before it fills (or gets canceled).

During this time, if the market moves away from your specified price and then comes back to it, you may end up paying a higher price than you intended (due to slippage). By placing a post-only limit order, you can avoid this problem because your order will only be placed on the book if it can fill immediately.

To summarize, post-only orders are limit orders that guarantee immediate execution or no execution at all. This type oforder is useful for avoiding maker fees and for guaranteeing that your trade will execute at the exact price you want.

As one of the most popular cryptocurrency exchanges in the world, Coinbase also offers a digital wallet for users to store their cryptocurrencies. In this article, we will take a look at what the Coinbase wallet is, how it works and some of its key features.

What is Coinbase Wallet

Coinbase Wallet is a digital wallet developed by Coinbase, one of the leading cryptocurrency exchanges in the world. The wallet allows users to store their cryptocurrencies offline in a secure environment.

Users can also send and receive payments using the wallet. The wallet is available for both Android and iOS devices.

How Does Coinbase Wallet Work

Coinbase Wallet works like most other digital wallets. Users can create an account on the Coinbase website and then link their wallet to their account. Once the wallet is linked, users can add their cryptocurrencies to the wallet. The cryptocurrencies are stored offline in a secure environment.

When users want to make a payment, they can use the wallet to send and receive payments. The payments are made using the blockchain technology.

Coinbase Wallet Features

Some of the key features of Coinbase Wallet include:

-Offline Storage: As mentioned earlier, Coinbase Wallet stores your cryptocurrencies offline in a secure environment. This ensures that your coins are safe even if the exchange is hacked.

-Blockchain Payments: Payments made using Coinbase Wallet are made using the blockchain technology. This makes the payments more secure and fast.

-Security: Coinbase Wallet uses multiple layers of security to keep your coins safe. These include 2-factor authentication and a host of other security measures.

When Coinbase goes public, it will be one of the biggest IPOs in years. The cryptocurrency exchange is currently valued at around $8 billion and is expected to be worth much more when it goes public.

This could potentially make Coinbase one of the most valuable companies in the world.

What does this mean for the average person?

For those who don’t know, an IPO is when a company sells shares to the public for the first time. This usually happens when a company is looking to raise money to grow its business.

When a company goes public, it means that anyone can buy shares in that company.

This could be good news for people who are looking to invest in Coinbase. The company is expected to be worth a lot more once it goes public, so people who buy shares now could see their investment grow significantly.

Of course, there’s no guarantee that this will happen, and investments are always risky. But if you’re interested in investing in Coinbase, going public could be a good opportunity to do so.

What does this mean for cryptocurrency?

The cryptocurrency industry is still relatively new, and there are not many publicly-traded companies in the space. This could change with Coinbase going public.

If the company is successful, it could pave the way for other cryptocurrency companies to go public as well. This could help legitimize cryptocurrency and bring more mainstream investors into the space.

Of course, there’s also a risk that Coinbase’s IPO could flop. If that happens, it could set back the cryptocurrency industry and make it harder for other companies to go public.

So, there’s a lot riding on Coinbase’s success.

What does this mean for you?

If you’re interested in investing in Coinbase or cryptocurrency, going public could be a good opportunity to do so. But remember that investments are always risky, so you should only invest what you can afford to lose.