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Are there any restrictions on the size of limit orders on Coinbase?

avatarMichel N'choDec 25, 2021 · 3 years ago3 answers

I would like to know if there are any limitations on the size of limit orders that can be placed on Coinbase. Are there any minimum or maximum order size restrictions? How does Coinbase handle large limit orders?

Are there any restrictions on the size of limit orders on Coinbase?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, Coinbase does have restrictions on the size of limit orders. The minimum order size for limit orders on Coinbase is $10, while the maximum order size depends on the user's account level. For verified individual accounts, the maximum order size is $50,000 per day. For verified institutional accounts, the maximum order size is $10,000,000 per day. Coinbase handles large limit orders by using an order book matching system, which matches buy and sell orders based on price and time priority. This ensures fair and efficient order execution.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Coinbase imposes certain limitations on the size of limit orders. The minimum order size for limit orders is $10, while the maximum order size varies depending on the type of account you have. For individual accounts, the maximum order size is $50,000 per day, while institutional accounts can place limit orders up to $10,000,000 per day. Coinbase's order matching system ensures that large limit orders are executed fairly and efficiently.
  • avatarDec 25, 2021 · 3 years ago
    Yes, there are restrictions on the size of limit orders on Coinbase. The minimum order size for limit orders is $10, and the maximum order size depends on the user's account type. Verified individual accounts can place limit orders up to $50,000 per day, while verified institutional accounts have a maximum limit order size of $10,000,000 per day. Coinbase's order matching system ensures that large limit orders are processed in a timely and fair manner. Please note that these restrictions may be subject to change, so it's always a good idea to check Coinbase's official documentation for the most up-to-date information.