: Specify how much of the asset you want to purchase.
A order is used to buy an asset once its price rises to a specific "stop price". Traders typically use this to catch an upward breakout or to cover a short position before losses grow. How a Stop Buy Works gdax stop buy
: You set a Stop Price above the current market price. : Specify how much of the asset you want to purchase
While was rebranded to Coinbase Pro in 2018 and eventually integrated into Coinbase Advanced Trade in 2023, the mechanics of a Stop Buy order remain a core tool for automated entry into a position. How a Stop Buy Works : You set
: Once triggered, it becomes a limit order, meaning it will only fill at your specified price or better. Key Steps to Place the Order
Current interfaces (like Coinbase Advanced Trade ) follow the same logic originally established by GDAX: : Choose the Stop tab in the order panel. Define Side : Select Buy .