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Is it possible to set a limit sell order on Robinhood for Bitcoin and other cryptocurrencies?

Mathews HumphriesApr 30, 2022 · 3 years ago3 answers

Can I place a limit sell order for Bitcoin and other cryptocurrencies on the Robinhood platform?

3 answers

  • Apr 30, 2022 · 3 years ago
    Yes, you can set a limit sell order for Bitcoin and other cryptocurrencies on the Robinhood platform. When placing a sell order, you can choose the limit order option and specify the price at which you want to sell. Once the market price reaches your specified price, the order will be executed. It's a convenient way to automate your selling process and ensure you sell at your desired price.
  • Apr 30, 2022 · 3 years ago
    Absolutely! Robinhood allows you to set limit sell orders for Bitcoin and other cryptocurrencies. This means you can set a specific price at which you want to sell your coins. Once the market price reaches or exceeds your specified price, your order will be executed. It's a great feature for traders who want to take advantage of price movements and have more control over their selling strategy.
  • Apr 30, 2022 · 3 years ago
    Yes, you can definitely set a limit sell order for Bitcoin and other cryptocurrencies on Robinhood. It's a useful feature that allows you to set a specific price at which you want to sell your coins. When the market price reaches or exceeds your specified price, your order will be automatically executed. This gives you more control over your selling strategy and helps you maximize your profits. However, it's important to note that Robinhood may have certain limitations or restrictions on the types of orders you can place, so make sure to familiarize yourself with their platform and terms of service.