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.
To place a custom order buy:
Access the Coinbase mobile app.
Select
Buy and choose the asset you want to buy.Select One time purchase and choose Custom order.
Enter your purchase price and how much crypto you want to buy.
Enter the price you want to buy (when the price reaches).
Select Review order.
Select Place order.
To place a custom order sell:
Access the Coinbase mobile app.
Select My assets and choose
Sell.Select One time purchase and choose Custom order.
Enter your sell price and how much crypto you want to sell.
Enter the price you want to sell at (when the price reaches).
Select Review order.
Select Place order.
To cancel your custom order:
Access the Coinbase mobile app.
Select My assets and choose the asset you placed a customer order for.
Select your open order and choose Close order.
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.
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