Yes, eToro supports limit orders for buying Bitcoin. You set the price you’re willing to pay, and the trade only happens if the market hits it. It’s a way to control your entry point, unlike market orders, which buy at whatever the current price is.
When you place a limit order on eToro, there’s a built-in market range around your target price. For crypto, this range is typically about 3%. So your trade might execute slightly above or below your set price. This buffer helps manage normal price swings.
Don't know when to use limit or market orders? Here's my take on that:
A market order gets it done fast. It buys Bitcoin at the best available price right now. But there's no guarantee on what that price actually is.
Limit orders on eToro give you more control. Just be ready to watch them closely. If the market moves, you’ll want to tweak or cancel before things shift too far.
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 61% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Crypto investments are risky and highly volatile. Tax may apply. Understand the risks here https://etoro.tw/3PI44nZ.
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which hasbeen prepared by our partner utilizing publicly available non-entity specific information about eToro.
About Mike Druttman
