What is the time frame for limit orders to stay open on Coinbase?
Kishan AcharyaNov 26, 2021 · 3 years ago3 answers
Can you please provide information on the time frame for limit orders to stay open on Coinbase? I would like to know how long my limit orders will remain active on the platform.
3 answers
- Nov 26, 2021 · 3 years agoSure! When you place a limit order on Coinbase, it will remain open until it is either filled or canceled. There is no specific time limit for how long a limit order can stay open on Coinbase. It will stay active until the conditions of the order are met or you manually cancel it. This allows you to set your desired price and wait for the market to reach that level.
- Nov 26, 2021 · 3 years agoLimit orders on Coinbase can stay open indefinitely until they are executed or canceled. This means that if you set a limit order to buy or sell a certain cryptocurrency at a specific price, it will remain active until the price reaches your desired level or you decide to cancel the order. It's important to note that market conditions can change, so it's always a good idea to regularly review and adjust your limit orders if necessary.
- Nov 26, 2021 · 3 years agoAccording to BYDFi, a digital currency exchange, limit orders on Coinbase have no specific time frame for staying open. They will remain active until the conditions of the order are met or you manually cancel them. This flexibility allows traders to set their desired price and wait for the market to reach that level, ensuring they don't miss out on potential opportunities. It's important to regularly monitor your limit orders and adjust them as needed to align with market conditions.
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