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Is there a way to place a sell limit order on Robinhood specifically for Bitcoin?

avatarosha ExcelDec 30, 2021 · 3 years ago3 answers

I'm interested in placing a sell limit order for Bitcoin on Robinhood. Is there a specific way to do this? Can I set a specific price at which I want to sell my Bitcoin? How does Robinhood handle limit orders for Bitcoin?

Is there a way to place a sell limit order on Robinhood specifically for Bitcoin?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Yes, you can place a sell limit order for Bitcoin on Robinhood. To do this, go to the Robinhood app and select the Bitcoin trading pair. Then, choose the 'Sell' option and set the price at which you want to sell your Bitcoin. Robinhood will execute the order when the market price reaches or exceeds your specified price. It's important to note that limit orders are not guaranteed to be executed if the market price does not reach your specified price.
  • avatarDec 30, 2021 · 3 years ago
    Absolutely! Placing a sell limit order for Bitcoin on Robinhood is quite simple. Just open the Robinhood app, navigate to the Bitcoin trading pair, and select the 'Sell' option. From there, you can set the specific price at which you want to sell your Bitcoin. Robinhood will automatically execute the order when the market price reaches or exceeds your specified price. It's a convenient way to ensure that you sell your Bitcoin at a desired price point.
  • avatarDec 30, 2021 · 3 years ago
    Yes, you can place a sell limit order for Bitcoin on Robinhood. Simply open the Robinhood app, find the Bitcoin trading pair, and select the 'Sell' option. From there, you can set the price at which you want to sell your Bitcoin. Robinhood will execute the order when the market price reaches or exceeds your specified price. Keep in mind that limit orders are subject to market conditions and may not always be executed immediately.