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).)
Step 2: Start the sell order
Tap "Sell BTC".
Step 3: Access the advanced order options
Tap "Advanced" to open the limit order settings.
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.
In the example below you can see the fields filled in.
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
- Tap "Preview sell order".
- Review the order details.
- Confirm the order.
Step 6: Order confirmation
- Tap "Got it" to continue, or "Place another order" to create a new one.
Step 7: View your open orders
Your order is now in the order book. You can find it under "Open orders".
Step 8: Manage your order
Tap the order to see the details.
If needed, tap "Cancel order" to remove it from the order book.
(Updating an order is not possible in the app.)
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.
Was this article helpful?
Articles in this section
- Which different order types exist?
- Market order - quickly buying and selling
- Limit order - Good Til Canceled
- Limit order - Fill Or Kill
- Limit order - Immediate Or Cancel
- What is a stop-limit order and how do I place one?
- What is Bitvavo Convert and how does it work?
- How can I place a limit sell order in the app?
- Limit buy orders in the app