As of today, Voyager customers can set limit orders on trades of Bitcoin, Ethereum, Bitcoin Cash, and other large market assets. With this feature, you can input a limit order and we’ll fill it for you when the market hits your set order price, so you never miss a major market move.
What’s a Limit Order?
A limit order is a pre-specified price an investor can set to buy or sell a crypto asset at. For example, a user can place a limit order to buy Bitcoin if its price drops to $7,500. If the market hits that price or lower, the order will execute. A limit order can also be placed on the sell side when the market hits a higher or more favorable price.
In a market as volatile as crypto, limit orders are an essential feature that give traders control over the price their orders are executed at.
How to Place a Limit Order
2. Open a Voyager Trading Account: Create a Voyager trading account. If you already have an account, make sure you’re using the most updated version and force close your current session.
3. Set it: Navigate to Bitcoin or another large market coin’s page, shift from "Market" to "Limit" and enter the amount you want to trade and the price you want us to execute your order.
Pro Tip: You can select the percent of your available balance that you want to sell by tapping the pre-set numbers above your keyboard. Your available balance is also located on the top left of your ticket to help you decide the amount you want to sell.
4. Forget it: Once our limit order is set, your job is done! We’ll execute your order if and when it hits your limit or a more favorable price and send you a notification to let you know. You can always cancel your limit order by navigating to your portfolio, tapping “View Orders and Transfers,” selecting your limit order and pressing cancel.
Limit Orders for all assets listed on Voyager are coming soon!