Coinbase Pro is a digital asset exchange that allows its users to trade a variety of digital assets including Bitcoin, Ethereum, Litecoin, and more. One thing that sets Coinbase Pro apart from other exchanges is that it allows its users to place limit orders.
A limit order is an order to buy or sell a digital asset at a specific price or better.
For example, let’s say you want to buy 1 BTC at $10,000. You would place a limit buy order for 1 BTC at $10,000 and if the market price of BTC reaches $10,000, your order will be filled.
If the market price of BTC never reaches $10,000 or if it only briefly reaches that price and then falls back below it, your order will not be filled.
So, can you place a limit order on Coinbase Pro? Yes, you can! Limit orders are a great way to get the exact price you want when buying or selling digital assets on Coinbase Pro.