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How can I place a limit order for buying Bitcoin on Robinhood?

avatarFrankcxDec 26, 2021 · 3 years ago3 answers

I'm new to Robinhood and I want to know how to place a limit order for buying Bitcoin. Can you provide me with step-by-step instructions on how to do it?

How can I place a limit order for buying Bitcoin on Robinhood?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! Placing a limit order for buying Bitcoin on Robinhood is quite simple. Here's how you can do it: 1. Open the Robinhood app on your mobile device. 2. Navigate to the Bitcoin trading page. 3. Tap on the 'Buy' button. 4. Select 'Limit Order' as the order type. 5. Enter the price at which you want to buy Bitcoin. 6. Set the quantity of Bitcoin you want to purchase. 7. Review your order details and tap on 'Place Order' to confirm. That's it! Your limit order for buying Bitcoin on Robinhood will be placed and executed when the market price reaches your specified limit price.
  • avatarDec 26, 2021 · 3 years ago
    No problem! To place a limit order for buying Bitcoin on Robinhood, follow these steps: 1. Log in to your Robinhood account. 2. Go to the trading page for Bitcoin. 3. Click on the 'Buy' button. 4. Choose 'Limit Order' as the order type. 5. Enter the price at which you want to buy Bitcoin. 6. Specify the quantity of Bitcoin you wish to purchase. 7. Double-check your order details and click on 'Place Order' to confirm. That's it! Your limit order will be submitted and executed when the market price reaches your specified limit.
  • avatarDec 26, 2021 · 3 years ago
    Sure thing! Placing a limit order for buying Bitcoin on Robinhood is a breeze. Just follow these steps: 1. Log in to your Robinhood account. 2. Navigate to the Bitcoin trading page. 3. Click on the 'Buy' button. 4. Select 'Limit Order' as the order type. 5. Enter the price at which you want to buy Bitcoin. 6. Specify the quantity of Bitcoin you want to purchase. 7. Take a moment to review your order details and click on 'Place Order' to finalize your purchase. That's it! Your limit order will be executed when the market price reaches your specified limit.