Coinbase, Exchanges

Does Coinbase Pro Have Recurring Buys?

Coinbase Pro, the advanced trading platform of cryptocurrency exchange Coinbase, has been around since 2018. The exchange offers a variety of features for serious traders, including margin trading, OTC trading, and advanced order types.

One thing it doesn’t offer, however, is recurring buys.

For those unfamiliar with the term, recurring buys are a way to automate your trading strategy by placing periodic buy orders on an exchange. They’re commonly used by investors who want to dollar-cost average their way into a position, or by traders who want to take advantage of market dips without having to constantly monitor the market.

NOTE: WARNING: Recurring buys on Coinbase Pro are currently unavailable. If you attempt to set up a recurring buy, your order may not be executed or may be executed at a different price than expected. We recommend that you monitor your orders closely and cancel any orders that do not meet your expectations.

Coinbase does allow its users to set up recurring buys for its main platform (not Coinbase Pro), but only for certain cryptocurrencies. At the time of writing, the only coins available for recurring buys on Coinbase are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

This lack of support for recurring buys on Coinbase Pro is likely due to the fact that the platform is geared towards more advanced traders who are likely to have their own automated trading strategies already in place. For less experienced users, Coinbase’s main platform may be a better option if you’re looking to set up recurring buys.

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