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What are the options for placing a limit order on Coinbase Pro?

avatarHollman ArdilaNov 25, 2021 · 3 years ago3 answers

Can you explain the different options available for placing a limit order on Coinbase Pro? I'm new to trading and would like to understand how I can set a limit order on this platform.

What are the options for placing a limit order on Coinbase Pro?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Sure! Placing a limit order on Coinbase Pro is quite simple. First, you need to log in to your Coinbase Pro account. Then, navigate to the trading page and select the trading pair you want to trade. Next, choose the 'Limit' order type and enter the price at which you want to buy or sell. Finally, specify the quantity and click on the 'Place Order' button. Your limit order will be placed and executed when the market reaches your specified price.
  • avatarNov 25, 2021 · 3 years ago
    When it comes to placing a limit order on Coinbase Pro, you have a few options. You can choose between a 'Limit' order, where you set the price at which you want to buy or sell, or a 'Stop Limit' order, where you set a stop price and a limit price. The stop price triggers the order, and the limit price sets the maximum or minimum price at which the order can be executed. Both options give you more control over your trades compared to market orders.
  • avatarNov 25, 2021 · 3 years ago
    BYDFi is a great platform for placing limit orders on Coinbase Pro. With BYDFi, you can easily set your desired price and quantity for your limit order. The platform also provides real-time market data and advanced trading tools to help you make informed trading decisions. Give BYDFi a try and experience a seamless trading experience on Coinbase Pro.