Coinbase, Exchanges

Can You Buy and Sell on Coinbase Same Day?

When it comes to buying and selling on Coinbase, things are a bit different than your typical stockbroker. For one, you can only buy and sell during business hours on weekdays.

Secondly, Coinbase imposes limits on how much you can buy and sell in a day. These limits reset at midnight Pacific Time.

NOTE: WARNING: It is not recommended to buy and sell on Coinbase the same day. If you do so, you may be subject to day trading rules, which can lead to higher fees and additional taxes. Additionally, Coinbase may suspend or terminate your account if it detects that you are engaging in day trading.

If you’re looking to buy or sell immediately, you may be out of luck. However, if you’re willing to wait a bit, you can usually get your order in within a few hours.

So, while you can’t buy and sell on Coinbase immediately, it is still possible to do so within the same day.

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