Place a custom order

A custom order allows you to buy and sell cryptocurrency (crypto) at a specific price or better using your USD balance. 

  • Custom order buy: Set a price below the market price that you’d like to buy your crypto at; once the asset hits the price you set, your buy will process.

  • Custom order sell:  Set a price above the market price that you’d like to sell any crypto at; once the asset hits the price you’ve set, your sell will process. 

Coinbase charges a standard fee for custom orders which is determined by a combination of factors, such as the size of the order and market conditions, including volatility and liquidity. Your order may also fill for a better price than shown, in which case we would release any applicable fund differences to your account. 

Before you place a custom order:

  • Make sure your Coinbase app is up to date

  • The minimum amount for any buy or sell is $5

  • Your custom order will remain open until it’s filled or canceled (good til canceled)

  • Your funds will be on hold until your order is filled

    • Cancel your order before it’s filled to return the funds to your balance

To place a custom order buy

Mobile:

  1. Access the Coinbase mobile app.

  2. Select Migrated from https://help.coinbase.com/content/dam/help/articles/consumer/icons/Buy.png, updated at Mon Apr 11 2022 12:52:36 GMT-0700 (Pacific Daylight Time) Buy and choose the asset you want to buy.

  3. Select One-time order and choose Custom order

  4. Enter your purchase price and how much crypto you want to buy.

  5. Enter the price you want to buy (when the price reaches).

  6. Select Review order.

  7. Select Place order.

Web:

  1. Login to Coinbase.com.

  2. Select Buy & Sell and ensure you're on the Buy tab.

  3. Select One-time order and choose Custom order

  4. Enter your purchase price and how much crypto you want to buy.

  5. Enter the price you want to buy (when the price reaches).

  6. Select Review order.

  7. Select Place order.

To place a custom order sell

Mobile:

  1. Access the Coinbase mobile app.

  2. Select My assets and choose sell Sell.

  3. Select One-time order and choose Custom order

  4. Enter your sell price and how much crypto you want to sell.

  5. Enter the price you want to sell at (when the price reaches).

  6. Select Review order.

  7. Select Place order.

Web:

  1. Login to Coinbase.com.

  2. Select Buy & Sell and ensure you're on the Sell tab.

  3. Select One-time order and choose Custom order

  4. Enter your sell price and how much crypto you want to sell.

  5. Enter the price you want to sell at (when the price reaches).

  6. Select Review order.

  7. Select Place order.

To cancel your custom order:

  1. Access the Coinbase mobile app.

  2. Select My assets and choose the asset you placed a customer order for.

  3. Select your open order and choose Close order.

If you don’t have sufficient funds in your USD balance when placing a custom order, your linked payment method will be used to buy USDC to fund your custom order. 

Upon purchase, funds will be deposited to your account in USDC to cover your order & fees. Your funds will be held in USDC and you will be automatically opted in to earn rewards on your USDC balance until the order is filled or canceled. When your desired price is reached, the hold will be used to fill your order. Coinbase may pause or cancel  your order if the price of USDC materially changes. You may opt out of rewards at any time.

If you’re a Coinbase One subscriber and below your monthly cap when placing a custom order, your trading fee is 0%. If you place an order when you’re above your monthly cap, you’ll be charged the full custom order trading fee.

If you cancel your custom order, we’ll refund the full fee or release the hold on your monthly cap.

Disclaimer: Information provided is for general educational purposes only and is not intended to constitute investment or other advice on financial products. Such information is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any particular digital asset or to use any particular investment strategy. Coinbase and its affiliates (collectively “Coinbase”) makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Investing in crypto comes with risk. Please carefully consider whether trading or holding cryptocurrencies is suitable for you given your financial situation.

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