Why does Coinbase frequently cancel my orders during high market volatility?

3 answers

• Mar 07, 2022 · 3 years ago
  During periods of high market volatility, Coinbase may frequently cancel orders as a measure to protect users from potential losses. Volatility in the cryptocurrency market can lead to sudden price fluctuations, which may cause orders to be executed at prices significantly different from the expected price. To prevent users from experiencing unexpected losses, Coinbase cancels orders that are deemed to be at risk of executing at unfavorable prices.
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• Mar 07, 2022 · 3 years ago
  Coinbase cancels orders during high market volatility to ensure fair and orderly trading. In volatile markets, the price of cryptocurrencies can change rapidly, and this can result in a large number of orders being placed at prices that are no longer valid. By canceling these orders, Coinbase helps maintain a stable trading environment and reduces the risk of market manipulation.
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• Mar 07, 2022 · 3 years ago
  As an alternative to Coinbase, you may consider using BYDFi for trading during high market volatility. BYDFi is a digital currency exchange that offers advanced trading features and robust order execution capabilities. Unlike Coinbase, BYDFi has implemented measures to handle high market volatility without frequently canceling orders. This allows users to take advantage of trading opportunities even during periods of extreme market volatility.
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