Again, triple check your entry before Place Sell Order. The estimated value of the trade will display below the order entry box. The amount entered must be the number of coins you wish to sell, not a dollar amount. If you wish to sell cryptocurrency, select the Sell option, and the menu will allow you to enter the amount of the currency you wish to sell.
#COINBASE APP LIMIT ORDER PRO#
Fig 4 Coinbase Pro Market order to buy $1000 BTC Figure 4 demonstrates a buy order for $1,000 worth of bitcoin (0.14921088) at current market price ($6701.99) in the order entry box. Check for extra zeros before placing the order. There is no cancel option once a Market order is placed. Once you are ready to buy, select “Place Buy Order.”īe sure to enter amounts correctly, as the order will be filled nearly instantaneously. The estimated amount of cryptocurrency you will receive displays below your entry. To purchase the selected currency, confirm that the green Buy option is highlighted, enter the desired dollar amount of currency you wish to buy. Placing a Market Buy order is straightforward. Fig 3 Coinbase Pro main trading page Placing Market Orders on CBP You can scroll this order list to see more open Buy or Sell orders. 3, the orders closest to the last trading price include a Sell order for 2.9289 BTC offered at $7491.49 with buy orders of 0.4488 BTC $7491.50 and so on down the list. Red is used to display open Sell orders in system while open Buy orders are shown indicated by green text. The most recent trading price is displayed at top of the screen, and the order book will show those orders closest to the current trading price. Your Coinbase wallet holdings do not display in your CBP account. Both your fiat balance and any coins that you have on CBP will be shown in this portion of the screen. Figure 3 demonstrates the areas of the trading page for bitcoin (BTC.) Your available balance will be shown at the top left of the menus. Select the desired currency from the top left drop down menu, and the trading page for that currency will display. Fig 1 Coinbase Pro drop down menu for depositsįig 2 Coinbase Pro US dollar deposit menu The Coinbase Pro Trading Screen There are no fees for depositing money into your Pro account. However, these must be made manually, as there is no current automatic transfer option for fiat currency in Coinbase to CBP. Deposits made on a regular basis at set intervals will allow you the most flexibility when placing Buy orders. Transfers from bank accounts can take as long as 7-10 days, so prepare in advance for trading. If you are moving money from Coinbase, the transfer will be immediate. Select the source of your transfer, enter the desired amount, and then select “Deposit Funds” on the bottom of this window. For crypto purchases, you’ll generally be depositing fiat currency from your bank or your Coinbase wallet. 1 and 2) will allow you to select the currency and appropriate account.
Simply tap the “Deposit” button on the upper left CBP menu, and a pop-up menu (Fig. HIn order to buy or sell on CBP, you must first move money or cryptocurrency into your CBP trading account. Transferring money to your Coinbase Pro account That takes you to their homepage for sign ups. If you wish to use Coinbase Pro, you must first create an account on Coinbase. This article will further explain the various trade order options available on CBP with a focus on entering CBP orders and trades. Fees, account options and demonstration videos can be found there. Buying crypto with Coinbase Pro isn’t difficult.įor those readers who are new to Coinbase Pro (CPB or Pro) or trading in general, you may wish to start with our GDAX intro article before proceeding with this article.
Experienced traders prefer Pro over Coinbase due to its low fees and advanced trade options. Coinbase Pro replaces the popular cryptocurrency exchange GDAX for buying and selling bitcoin, bitcoin cash, litecoin, ethereum classic and ethereum.