Investing

Trading App May Curb Bitcoin Buying This Weekend If Market Goes Wild

EToro warns clients that unprecedented demand for crypto coupled with limited liquidity may present challenges for supporting orders.

Bitcoin Rebound Offers No Answers for Crypto Investors
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Retail investing platform eToro Ltd. is fielding so much demand for Bitcoin and other cryptocurrencies that it warned customers they may encounter “possible limitations” filling orders.

“The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend,” the Israeli-British company said in an email to customers. “In light of this, it may be necessary for us to place limitations on crypto BUY orders over the weekend.”