Coinbase puts WHUF-USD trading pair into limit-only mode

Coinbase has placed the WHUF-USD trading pair into limit-only mode on both Coinbase Exchange and Coinbase Advanced. The change took effect on October 8, 2026. For now, traders can place and cancel limit orders for WHUF. Market orders are off the table, which is Coinbase’s way of letting the room fill up before the doors swing fully open. What limit-only mode actually means Technically, a limit order lets a trader name the exact price they will buy or sell at. A market order, by contrast, fills immediately at the best price available, whatever that happens to be. When a token is brand new on an exchange, that distinction matters a lot. A thin order book with only a handful of bids and asks can turn a single large market order into a price spike or a crater. By restricting the pair to limit orders, Coinbase aims to build up depth in the order book first. More resting orders on both sides means more liquidity, and more liquidity generally means a smoother path to finding a fair price. This is a routine step in Coinbase’s playbook for new or lower-liquidity tokens. The exchange recently ran a similar process for other pairs, including WAL-USD and BLUECHIP-USD. The road to WHUF’s listin...