GDAX / Coinbase “Cancel only state”

During peak times, GDAX may reject all orders with the message “Cancel Only State”.

This “pause” on the market allows Coinbase to avoid crashing and building up of the order-book during a market overload. Attempting to place an order during this time will cause it to be immediately rejected.

Error Message from GDAX during Peak Times

These pauses can last a varying amount of time. No use making a fuss about it, just try again later!

Order Rejected 🙁

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