What is price limit?

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Price Limit refers to the upper and lower price limits that can be specified in a limit order.Price limits are set using the upper and lower price limits currently set in the circuit breaker.

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Therefore, the upper and lower limits will be updated when the circuit breaker is triggered or the trading date is updated.

Limit orders that remain on the order board at the timing of the update will be automatically canceled if they exceed the upper or lower limit of the updated price limit range.

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The purpose of this function is to prevent erroneous orders from being placed or executed at unfair prices and to provide a more secure trading environment for customers.

Applicable Services

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Transactions on the Coincheck (web) Exchange.

Orders subject to price limits

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• Limit orders
  • Includes limit orders triggered by a stop price.

Notes

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• Price limits will not be introduced on the following services.
  • "Buy" or "Sell" in the "Buy & Sell" section in the Coincheck App.
  • Transactions made on the Coincheck (web) "Marketplace (Buy)" and "Marketplace(Sell)".
• We will not be liable for any losses incurred by you, including lost opportunities, due to price limits.