Before you place a perpetual futures order, review the following information.
Order component | Details | Note |
Supported order types | Limit Orders and Market Orders | |
Supported markets | BTC, ETH, XRP, LTC, SOL, AVAX | |
Supported leverage amount | Up to 5x leverage for BTC, ETH and LTC Up to 3x leverage for XRP, SOL, and AVAX | |
Minimum trade size | BTC: 10 USDC and 0.0001 BTC ETH: 10 USDC and 0.0001 ETH XRP: 10 USDC and 1 XRP LTC: 10 USDC and 0.01 LTC SOL: 10 USDC and 0.001 SOL AVAX: 10 USDC and 0.001 AVAX | |
Cross margin | Helps reduce the risk of margin calls and liquidations Suitable for traders with multiple positions on margin | Isolated margin is coming soon |
Funds on hold | Funds reserved for open orders are placed on hold and considered encumbered Funds reserved to satisfy margin requirements for open futures positions aren’t available to trade or withdraw To release your funds on hold, cancel the associated open order and/or close your positions | Your remaining, tradable funds are shown on perpetual futures market pages and on your Perpetuals portfolio page. |
Order didn’t execute | Limit orders will only fill at the specified price or a better price There may be other situations where orders will fail, and this will be messaged right after trying to place an order (or indicated in the Order Blotter section) | Example: IF you specify a price to buy a contract that is less than the best bid, THEN your buy order won’t execute unless the market moves and the price becomes marketable. |
To place an order:
Sign in to your Coinbase.com account.
Select
and choose Advanced.Access any perpetual futures market page.
In the order form on the right side of the screen, input your order details.
Select Preview buy order.
Submit your order.
To cancel an order:
Sign in to your Coinbase.com account.
Select
and choose Advanced.Access the Order Management page.
Select individual orders and choose Cancel.
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