You can trade crypto by either a market or a limit order at any time since we do provide a 24/7 trading platform on our Sarwa App. Stop orders are not available for crypto.
You can buy/sell a fraction or all of your holdings.
Once you place a sell order, the Crypto will be converted to USD and funds will then be available in your Trade account.
All services in connection with trading cryptocurrency on the Sarwa platform are provided by Alpaca Crypto LLC (“Crypto Service Provider”).
Important note: when you have a pending crypto limit order, please note that your cash balance will be reduced by the order amount. The overall account balance will still remain the same.
Example: If you have a cash balance of $1,000 and place a limit order to buy $200 worth of Bitcoin, your cash balance will show $800 until the order is executed or cancelled. However, your overall account balance, which includes both your cash and crypto holdings, remains at $1,000.