A post by @CoinbaseAssets on X.
Our CARD-USD trading pair will now enter auction mode. Customers can post limit orders and view the resulting indicative open price. The books will be in auction mode for a minimum of 10 minutes during which no matches will occur.
@CoinbaseAssets on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Coinbase has placed its new CARD-USD trading pair into auction mode, letting customers submit limit orders and view an indicative opening price while matching is suspended for at least 10 minutes. The exchange said crossed orders will be handled once the auction concludes, a standard step when listing a new asset. The listing gives the CARD token direct dollar-denominated access on one of the largest U.S. exchanges. Traders will be watching the indicative open price and the first matched trades after the auction window closes to gauge initial liquidity and demand.
Muhabbit's AI wrote this summary of @CoinbaseAssets's post in its own words. It can get details wrong, so read the post on X.
Named in this story
Coinbase (COIN), CARD
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