Coinbase, Exchanges

What Is Limit Price on Coinbase?

When you place an order on Coinbase Pro, you can choose between a market order and a limit order. Market orders are executed immediately at the best available price.

Limit orders allow you to specify the price you’re willing to pay (or the price you’re willing to sell at) and will only be executed if and when the market price reaches that level.

There are a few different types of limit orders that you can place:

A limit buy order is placed when you want to buy an asset at a specific price or better.

NOTE: WARNING: Limit prices on Coinbase can be risky, especially for inexperienced traders. A limit price is the maximum price at which a trader is willing to buy or sell a digital asset. If the market price rises above the limit price, the trader will not receive the asset at the desired rate. Additionally, a limit order may not always be filled if there are no traders willing to accept the limit price. When trading with limit prices, there is no guarantee that your order will be filled and you may end up missing out on potential profits from market movements. It is important to consider your risk tolerance and trading experience before using limit prices on Coinbase.

A limit sell order is placed when you want to sell an asset at a specific price or better.

A stop order is placed when you want to buy or sell an asset once it reaches a specified price. Stop orders are generally used as a way to limit your losses in a trade, but they can also be used to take profits if the market moves in your favor.

A stop order will become a market order once the stop price is reached.

A stop-limit order is similar to a stop order, but with a stop-limit order, you specify both the stop price and the limit price. The order will only be executed if and when the stop price is reached and the limit price is also reached or better.

So, what is a limit price on Coinbase? A limit price is simply the specific price that you’re willing to pay (or sell at) for an asset on Coinbase Pro. Limit orders give you more control over your trades, but they may not always be filled if the market doesn’t reach your desired price level.

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