eToro May Limit the Purchase of Bitcoins Over the Weekend
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14 January
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Brokerage firm eToro has warned its customers about "possible restrictions" on order execution, Bloomberg has reported citing a letter sent by the firm. According to the letter:

"The unprecedented demand for crypto, coupled with limited liquidity, presents challenges to our ability to support BUY orders over the weekend. In light of this, it may be necessary for us to place limitations on crypto BUY orders over the weekend."

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eToro hopes it will not have to implement any of these measures "but the crypto markets are incredibly volatile at the moment and the weekends present the greatest challenge."

If the restrictions are introduced, customers will not be able to buy Bitcoins above the set volume. Last week, eToro limited the possibility of trading on margin with cryptocurrencies due to the high risks of the volatile market.

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