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Coinbase Pro Increases Fees, Updates Market Structure ‘to Increase Liquidity’


Major United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro.

Major United States-based cryptocurrency exchange Coinbase announced a new market structure for its professional trading platform, Coinbase Pro, in a blog post published on March 15.

Per the announcement, the changes aim to increase liquidity, enhance price discovery and ensure smoother price movements. The changes include a new fee structure, reportedly designed to increase liquidity, updated order maximums, new order increment sizes, the turning off of stop market orders and added market order protection points.

According to the post, Coinbase Pro and Coinbase Prime — the firm’s institutional trading platform — will cease their support for stop market orders. The announcement further explains that all stop orders must now be submitted as limit orders and…



Read Full Story : Cointelegraph.com News

2019-03-17 11:48:00

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