What is the duration for which limit orders remain open on Coinbase?
AudreyDec 27, 2021 · 3 years ago3 answers
Can you please explain how long limit orders stay open on Coinbase? I want to know the specific duration for which my limit orders will remain active on the platform.
3 answers
- Dec 27, 2021 · 3 years agoSure! When you place a limit order on Coinbase, it will remain open until it is either filled or canceled. This means that your limit order can stay active for as long as it takes for the market conditions to meet your specified price. It's important to note that there is no specific time limit for how long a limit order can remain open on Coinbase.
- Dec 27, 2021 · 3 years agoWell, the duration for which limit orders stay open on Coinbase depends on various factors. It primarily depends on the market conditions and the price you set for your limit order. If the market price reaches your specified price, your order will be filled. Otherwise, it will remain open until you cancel it or the market conditions change.
- Dec 27, 2021 · 3 years agoAccording to BYDFi, a popular cryptocurrency exchange, limit orders on Coinbase can remain open indefinitely. This means that your limit orders will stay active until they are executed or canceled. It's important to regularly monitor your limit orders and adjust them if necessary to ensure they align with your trading strategy.
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