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What is the process for setting a limit order on the Coinbase app?

avatarabdul rehmanDec 15, 2021 · 3 years ago1 answers

Can you explain the step-by-step process for setting a limit order on the Coinbase app? I'm new to trading and would like to understand how to use this feature.

What is the process for setting a limit order on the Coinbase app?

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Setting a limit order on the Coinbase app is a breeze! Just follow these simple steps: 1. Open the Coinbase app and log in to your account. 2. Navigate to the trading section or the specific cryptocurrency pair you want to trade. 3. Tap on the 'Buy' or 'Sell' button, depending on your desired action. 4. Choose 'Limit Order' as the order type. 5. Enter the price at which you want to buy or sell the cryptocurrency. 6. Specify the quantity or amount of the cryptocurrency you want to trade. 7. Review the order details and tap on 'Place Order' to finalize your limit order. That's it! Your limit order will be placed on Coinbase and executed when the market reaches your specified price. Remember, limit orders give you more control over your trades by allowing you to set a specific price level.