Coinbase, Exchanges

Does Coinbase Have No Limit Orders?

If you’re new to Coinbase, you may be wondering about the various order types available to you when buying or selling cryptocurrencies. One type of order that doesn’t seem to be available on Coinbase is a limit order. So, does Coinbase have no limit orders?

The answer is no, Coinbase does not have limit orders. This is because Coinbase is a brokerage, not an exchange.

NOTE: Warning: Coinbase does not offer no limit orders. All orders placed on Coinbase are subject to a maximum limit order size of $25,000. Any orders that exceed this limit will be rejected or canceled. Additionally, due to market volatility, Coinbase may alter the maximum limit order size without notice.

When you buy or sell cryptocurrencies on Coinbase, you’re doing so through Coinbase’s own platform and not on a decentralized exchange like Binance or Kucoin.

As such, the order types available to you on Coinbase are limited to market orders and stop orders. Market orders will execute immediately at the best available price, while stop orders will only execute when the price of the cryptocurrency reaches the stop price that you set.

While limit orders are not available on Coinbase, they are available on some other popular brokerages such as eToro and Robinhood. So, if you’re looking to place a limit order on your cryptocurrency trades, you may want to consider using one of these other platforms instead.

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