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.
About Mike Druttman
