QUESTION
What is Coinbase Advanced Trading and how does it work?
ANSWER
Coinbase Advanced Trading is an integrated feature within the Coinbase platform that offers experienced traders a more sophisticated trading interface with advanced charting functionality, an expanded set of order types, and a powerful real-time order book. It allows users to place market, limit, and stop orders with greater precision and provides detailed market insights to inform their trading strategies. One accesses it through their regular Coinbase account. Upon activating Advanced Trading, one gains access to interactive charts, technical indicators, and historical pricing data that help in making more informed decisions. In essence, it provides a bridge between the simple buy-and-sell model of the main Coinbase platform and the complex trading systems used by professional traders, offering deeper insight into market trends and enhanced control over the trading experience.
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