A limit order allows you to buy and sell cryptocurrency (crypto) at a specific price or better using your USD balance.
Limit 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.
Limit 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 limit 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.
To place a limit order buy
Mobile:
Access the Coinbase mobile app.
Select Buy & Sell, then Buy.
Choose the asset you want to buy.
Select One-time order and choose Limit order.
Set the target price you want to buy at (when the asset reaches this price).
Enter the amount you want to buy.
Select Review order.
Select Place order.
Web:
Sign in to Coinbase.com.
Select Buy & Sell and ensure you're on the Buy tab.
Select the asset you want to buy.
Select One-time order and change the order type to Limit order.
Enter the amount you want to buy.
Enter the price you want to buy at (when the asset reaches this price).
Select Review order.
Select Place order.
To place a limit order sell
Mobile:
Access the Coinbase mobile app.
Select Buy & Sell, then Sell.
Choose the asset you want to sell.
Select One-time order and choose Limit order.
Set the target price that you want to sell at (when the asset reaches this price).
Enter the amount you want to sell.
Select Review order.
Select Place order.
Web:
Sign in to Coinbase.com.
Select Buy & Sell and ensure you're on the Sell tab.
Select the asset you want to sell.
Select One-time order and change the order type to Limit order.
Enter the amount you want to sell.
Enter the price you want to sell at (when the asset reaches this price).
Select Review order.
Select Place order.
To cancel your limit order:
Access the Coinbase mobile app.
Select My assets and choose the asset you placed a limit order for.
Select your open order and choose Close order.
If you don’t have sufficient funds in your USD balance when placing a limit order, your linked payment method will be used to buy USDC to fund your limit 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 limit order, your trading fee is 0%. If you place an order when you’re above your monthly cap, you’ll be charged the full limit order trading fee.
If you cancel your limit order, we’ll refund the full fee or release the hold on your monthly cap.
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