Coinbase Exchange is launching price auction

As a trusted crypto exchange our priority is to build features that enhance transparency and help us create the best markets. Starting today, when we launch new assets on the Coinbase Exchange we will be using a price auction to help price discovery and create a healthier market when trading starts.How price auctions workIn our price auctions, limit orders are collected over a minimum of 10 minutes for price discovery. While orders are placed on the book, the Pro and Exchange applications along ...

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