How can I place a limit sell order in the app?
How can I place a limit sell order in the app? How can I place a limit sell order in the app?

How can I place a limit sell order in the app?

Summary

This article explains how to place a limit sell order in the Bitvavo app. A limit order allows you to sell your crypto at a specified minimum price or better. The guide covers step-by-step instructions on how to set up and manage your order.


What is a limit sell order?

A limit sell order ensures that your crypto asset is only sold at a specified price or higher. Unlike a market order, which sells at the current market price, a limit order gives you more control over the selling price. Currently, Bitvavo only supports a Good Til Canceled limit order in the app. This means the order remains open until it is executed or canceled. 

Key characteristics of a limit sell order in the Bitvavo app:

  • Your order executes at the specified price or a higher price.
  • Your order remains in the order book until it is filled or manually canceled.
  • Post-only mode is not yet supported.

How to place a limit sell order

Step 1: Select the crypto asset you want to sell

Open the Bitvavo app.

Select the cryptocurrency you want to sell.
(For this example, we use Bitcoin (BTC).)

 

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Step 2: Start the sell order

Tap "Sell BTC".

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Step 3: Access the advanced order options

Tap "Advanced" to open the limit order settings.

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Step 4: Enter your order details

In the limit order screen, you need to fill in three fields:

  • Limit price (mandatory) → The minimum price at which you want to sell.
  • Quantity → The amount of BTC you want to sell.
  • Total (excluding fees) → The total amount you want to receive.

💡 If you enter the limit price and quantity, the total will be calculated automatically.

 

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In the example below you can see the fields filled in. 

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Note: the total is exclusive of costs, please keep this in mind when proceeding to the next step. Suppose you have a credit of €100,- and the costs are 0,25% then you need to add €0,25 to your total. The cost of your order will be €100.25.
This is not possible as your balance is only €100, you will receive an error message if you continue. Choose lower amounts to be able to execute your order or check if you have any open orders.

 

Step 5: Review and confirm your order

  1. Tap "Preview sell order".
  2. Review the order details.
  3. Confirm the order.

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Step 6: Order confirmation

  1. Tap "Got it" to continue, or "Place another order" to create a new one.

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Step 7: View your open orders

Your order is now in the order book. You can find it under "Open orders".

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Step 8: Manage your order

Tap the order to see the details.

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If needed, tap "Cancel order" to remove it from the order book.
(Updating an order is not possible in the app.)

 

 

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Note: The total amount shown is excluding fees. If you have exactly €100 in your balance and fees are 0.25%, you need to add an extra €0.25 to avoid an error message.


Frequently asked questions

Can I update my limit order in the app?

No, once a limit order is placed, you can only cancel it. To change the order details, you need to cancel the existing order and create a new one.

Why hasn’t my limit order been executed?

Your order will only execute if the market price reaches your specified **limit price or higher**. If the price doesn’t reach that level, the order will remain open.

Does Bitvavo support post-only limit orders?

No, **post-only mode** is not yet available in the app.

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