
Coinbase moves BLUECHIP-USD pair to limit-only mode
- —Market orders for BLUECHIP-USD are fully disabled; only limit orders are available
- —Coinbase used a similar phased launch for GRASS-USD and GROVE-USD
- —BLUECHIP is a memecoin on Base, Coinbase's L2 network
- —Spreads may be wider than usual until liquidity gains depth
Why it matters: Limit-only mode restricts liquidity and widens spreads, making BLUECHIP trading on Coinbase riskier until full mode begins.
Source: Crypto Briefing