Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

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Coinbase to Reopen the GDAX Bitcoin Cash-Euro Order Book

Many European cryptocurrency investors are about to get another venue for investing te bitcoin contant with their regional fiat. The GDAX exchange will embark suggesting BCH/EUR trading again te just a duo of days.


GDAX exchange, a subsidiary of San Francisco-headquartered Coinbase, has announced that it will open its BCH/EUR order book on Wednesday January 24 at 02:00 AM Pacific Standard Time (PST). This will permit its European users to build up access to bitcoin metselspecie trading directly, without having to exchange their euros to BTC very first and paying a commission twice.

Related movie: Gdax tutorial trading LTC ETH BTC

Spil wij previously reported, ter December 2018 Coinbase wasgoed coerced to halt bitcoin specie trading on both platforms soon after it began, botching the launch. Besides operational problems like an inability to treat all the traffic to specific BCH liquidity issues, the company wasgoed also accused by many clients of enabling insider trading. The GDAX BCH/BTC order book wasgoed restored only on January 17, exactly a week before the BCH/EUR.

Launch Sequence

Te order for the launch to go more sleekly this time, GDAX will treat the process ter a measured and graduado style. The exchange team said that the BCH/EUR market will open at very first te ‘post-only’ mode for a ondergrens of ten minutes before coming in ‘limit-only’ mode followed by ‘utter trading’ mode.

The decision to budge the market from one mode to another is made by the GDAX Market Operations team, taking into consideration factors such spil order book liquidity and price volatility. Looking at the BCH/BTC order book relaunch for example, wij can see it took 37 minutes to transition from the very first mode to the 2nd and another hour and 48 minutes to reach the final stage.

How is the European market going to react merienda BCH/EUR trading commences on GDAX? Share your thoughts ter the comments section below!

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3 Responses

  1. madelinesue says:

    But what they did not say at the begin that they are going to punt them very late, at the early 2018, which is pretty bad spil the price is most likely going to be much lower by then.

  2. sidneyschmitt says:

    Well they talent us a month long warning “If you want to access BTH, budge your coins” so the onus is on us. Maybe wij Coin Cojín’rs get an Xmas present. ( BTH is up 30% spil I write this)

  3. sexy_hottie_adult_35 says:

    Coinbase simply has to prepare to securely provide thesis coins to customers.

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