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Crypto Desk

Coinbase exchange enters limit-only mode for LMTS-USD trading pair

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Coinbase Exchange and Coinbase Advanced have announced that the LMTS-USD trading pair will enter limit-only mode, allowing users to place and cancel limit orders, while market orders will not be permitted. This adjustment follows a recent listing of Limitless (LMTS), which began spot trading on March 6 after a brief delay meant to enhance liquidity conditions. Prior to this change, the LMTS-USD pair experienced an auction phase on Coinbase to determine indicative opening prices.

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