Why can't I specify a precise price in euros for Bitcoin orders above €100,000?

Setting Prices for Large Bitcoin (BTC) Orders Above €100,000
At Bitvavo, we are committed to providing a smooth trading experience for all users. For Bitcoin (BTC) orders exceeding €100,000, there is a temporary pricing requirement in place. Here's everything you need to know about this and why its impact is minimal.

How to Set Prices for Large BTC Orders
For BTC orders above €100,000, prices must end in "0" (e.g., €100,010, €100,020, €100,030). This ensures your orders are processed successfully by the system.

Example: If your desired price is €100,000 and you need to adjust it to €100,010, the difference is just €10, which represents 0.01% of the total amount.

This percentage difference is so small that it is unlikely to impact your trading outcomes significantly.

Why This Requirement Exists
This pricing pattern is a temporary measure to ensure system reliability and efficiency for high-value orders. Bitvavo is actively working to enhance flexibility in price settings for these transactions. Rest assured, this improvement is coming soon, and we'll notify you as soon as it’s live!

Why the Impact is Minimal
The percentage difference between adjusted prices is negligible for orders of this size. For example:
Adjusting from €100,000 to €100,010 adds a mere 0.01% to the total price, ensuring your order is accepted without complications.

This small adjustment is a practical solution to keep your trades running smoothly while we optimize our systems.