A market order, a limit order, and a stop order can all buy the same coin. The market order takes the price available inside a band; the limit order names the worst price you will accept. The stop waits for a trigger price and then sends the trade; a buy is held within 1%, and a sell within 5%.
Robinhood Crypto uses those bands on a market order, up to 1% on a buy and up to 5% on a sell (source: Robinhood, Buying and selling crypto). The four cryptocurrency order types are a market order, a limit order, a stop order, and a stop limit. Stock and ETF orders on the same account also include a trailing stop, and the cryptocurrency list does not (source: Robinhood, Order types).
The taps that send a first purchase sit in how to buy crypto on Robinhood. This article stays with the order itself: which price has to trade before the execution is allowed, and what happens when that price is missed. The fee on each route is the subject of Robinhood crypto fees explained.
What is a Robinhood crypto order type?
A Robinhood cryptocurrency order type is the instruction that decides when a buy or a sell is allowed to fill, and how far the execution may run from the price you saw when you sent it. Market, limit, stop, and stop limit are the four instructions; each one can be sized in dollars or in a fraction of a coin.
A market order is converted into a limit with a buffer, so a rapid move cannot run away from the price on the screen. The buy buffer is up to 1%, and the sell buffer is up to 5%. If the cryptocurrency moves through that band, the order does not execute; an order that is still working after 2 minutes can be canceled on its own (source: Robinhood, Buying and selling crypto).
A limit order names the amount and the worst price; a buy fills only when the ask is at your limit or lower. A sell fills only when the bid is at your limit or higher. The order can sit unfilled if the market never trades there; a stop waits for the cryptocurrency to reach a price you set, and then it becomes a market order inside the same buy or sell band. A stop limit waits for that trigger and then becomes a limit; the fill still has to be at your second price or better (source: Robinhood, Buying and selling crypto).
Crypto on the account is separate from the stock account; the coins are non-marginable (source: Robinhood, Buying and selling crypto). The position has to be paid for in full, and the order type only changes the price condition.
How a market order uses the price band
A Robinhood cryptocurrency market order takes the price, inside a band that keeps a move from filling you far from the screen. On a buy the band is 1% above the price when you send the order. On a sell the band is 5% below that price; past either line, execution does not happen (source: Robinhood, Buying and selling crypto).
On a stock venue, a market instruction seeks the best price then available. That price is not promised (source: Investor.gov, Understanding Order Types). Take ETH with an ask of $3,000; 1% of $3,000 is $30, so a market buy does not execute if the ask is above $3,030. 5% of $3,000 is $150, so a market sell sent while the bid is $3,000 does not execute if the bid is below $2,850. Those two ceilings are the published buffers applied to this illustration, not a live quote. If the order is still open after 2 minutes, it can be canceled automatically (source: Robinhood, Buying and selling crypto).
The band exists because a market order would otherwise take the next available price. In a thin moment that price can sit far from the last trade, and the buffer turns the market order into a limit at the edge of the band. A market buy can still come back unfilled when the cryptocurrency jumps; check the review screen for the estimated buy or sell price before you submit. The gap between those two estimates is the spread; wider spreads show up when fewer people are trading that cryptocurrency (source: Robinhood, Buying and selling crypto).
A market order fits when you can accept execution anywhere inside the band. A specific price belongs on a limit.
How a limit order sets the worst price
A limit order buys or sells a set amount at a set price or better. On a dollar-sized buy you pay no more than the dollars you entered, rounded up to the nearest cent. On a dollar-sized sell you receive no less than the dollars you entered, rounded down to the nearest cent (source: Robinhood, Buying and selling crypto).
On a coin-sized buy you receive the exact coin amount, and the limit is the most you pay, possibly rounded up to the cent. On a coin-sized sell you sell the exact coin amount; the limit is the least you accept, possibly rounded down to the cent (source: Robinhood, Buying and selling crypto).
A limit buy of 0.1 ETH at $2,940 is a maximum of $294.00 before that cent rounding. The ask has to meet $2,940 or fall below it; if ETH stays at $3,000, the order rests and you still hold the cash. A limit sell of that 0.1 ETH at $3,200 fills only if the bid reaches $3,200. Until then the coins stay in the account; you can switch the order between dollars and a coin amount on the order screen (source: Robinhood, Buying and selling crypto).
The limit is the control a market order does not give you, and it is also how the order can fail; there is no promise of execution. A price that trades through your limit and then leaves can leave the order open, or can fill only part of a larger size when liquidity is thin. Read the ask for a buy and the bid for a sell. Those are the two prices the limit is compared with; both sit on the review screen before you submit (source: Robinhood, Buying and selling crypto).
How a stop order and a stop limit differ
A stop order buys or sells once the cryptocurrency reaches a stop price you choose. A buy stop above the ask becomes a market buy inside the 1% band. A sell stop below the bid becomes a market sell inside the 5% band (source: Robinhood, Buying and selling crypto).
Compare a stop versus a stop limit on the same sell; the stop has one price, the trigger, and after the trigger it takes the market inside the band. A stop limit has two prices; the stop is still the trigger, and the limit is the worst price you will accept. Execution is at that limit or better (source: Investopedia, Stop-Limit Order). On Robinhood the same two-step applies: the cryptocurrency has to hit your stop, the instruction becomes a limit, and the execution still needs a buyer and a seller at that limit. A fast move can leave the limit unfilled, or can fill it in more than one trade (source: Robinhood, Buying and selling crypto).
A trailing stop is a different instruction. It follows the price while the trade moves in your favor (source: Investopedia, Trailing Stop). Stock and ETF orders include a trailing stop. A cryptocurrency order does not (source: Robinhood, Order types). If you want the exit to rise with ETH, you move the stop yourself.
Residents of North Carolina cannot use the in-app ladder. Every ladder order uses exchange routing (source: Robinhood, Buying and selling crypto).
What an ETH order does at each price
Use ETH at a $3,000 ask as an illustration of the published bands, not as a live quote. A limit buy of 0.1 ETH at $2,940 is the clean entry, and a market sell that misses the band is the case that leaves you holding the coins.
The most you pay on that limit is $294.00, plus a possible round up to the next cent. The order fills only if the ask meets $2,940 or falls through it. If you are filled, the coins are in the account at a price you named before you sent the order. A later sell limit at $3,200 is the target: 0.1 ETH times $3,200 is $320.00, so the round trip from a $294 fill to a $320 exit is $26 before the spread and any fee on the route.
A market sell into a drop that clears the band is the case that fails to get you out. You hold 0.1 ETH while the bid is $3,000 and you send a market sell. 5% of $3,000 is $150, so the order does not execute if the bid is under $2,850. A trade at $2,800 comes back unfilled, and an order still working after 2 minutes can cancel.
A stop limit on the same 0.1 ETH is the near sibling of that stop. You set the stop at a $2,800 bid and the limit at $2,760. If the bid falls to $2,800, the stop becomes a limit sell at $2,760 or higher. A gap from $2,810 to $2,600 never trades at $2,760, so the limit can sit unfilled while the cryptocurrency is already below your floor. The plain stop would have become a market sell and tried to fill inside the 5% band. The stop limit refuses the bad price and can leave you in the position. A stop favors getting out; a stop limit favors the price (source: Robinhood, Buying and selling crypto).
Here the position size is 0.1 ETH. The stop loss belongs where the idea fails, at $2,800, which is $140 below that entry. The target at $3,200 is $260 above it; if getting out matters more than the price, use the stop and live with the 5% band.
Once you are choosing among those four instructions on ETH, the next decision is where the order sits on a book you can read. If you want another way to trade ETH, BloFin lists ETH/USDT Spot, where you buy and sell the coin, and the ETHUSDT Perpetual, a contract that tracks the ETH price.
Maker and taker rates for those markets are on the BloFin fee schedule. Read the rate beside the live bid and ask before you send the order.
Trading that ETH on BloFin
A Robinhood order asks you to pick market, limit, stop, or stop limit, and then applies the band or the limit you set. On BloFin the same choice is a market order or a limit order on the book, and a stop loss is a price you place against the position after the entry.
On BloFin the 0.1 ETH example is a limit or a market order on the order book. A market buy takes the best ask and pays the taker commission. A limit that rests pays the maker commission. That book is what ETH/USDT Spot trading uses.
A market, limit, or stop order is the same family of instructions, with the price condition written on the order. From BloFin's operational view, the maker or taker rate sits on the fee line beside the live bid and ask, so you can set it next to the Robinhood band before the coins move.
The ETHUSDT Perpetual is a different product from Spot; a perpetual futures contract has no expiration date. A funding payment between long and short holders keeps the contract near the spot price (source: Investopedia, What Are Perpetual Futures?). The position can cost or earn more the longer it stays open, and it carries leverage and margin risk. Size the ETHUSDT position for leverage and liquidation.
A plan for the 0.1 ETH uses the same four numbers on either venue. Enter with a limit at $2,940 so the order can rest. Place the stop at $2,800, where the idea fails; set the target at $3,200, and exit at the target or at the stop. On the perpetual, add the funding you expect for the days you hold.
Looking to trade ETH on BloFin? To get started, you'll need to first create a BloFin account, fund your account with cryptocurrency, and navigate to the ETH/USDT Spot trading page or the ETHUSDT Perpetual page.
Frequently asked questions
Can you trade Robinhood crypto on a weekend?
Crypto on the account can be traded overnight and through the weekend, aside from scheduled maintenance. A maintenance window can move the moment an execution actually happens, so an order sent at the edge of a window can wait until trading resumes. The session is not a stock-market day with a closing bell. You can send a market, limit, stop, or stop limit on Saturday the same way you send it on a Tuesday, and the band or the limit still applies when the market is open (source: Robinhood, Buying and selling crypto).
What is crypto dust on Robinhood?
Crypto dust is a balance too small to sell because it sits under the minimum for a marketable order. The minimum is $0.01 when the order uses market-maker routing, and $0.03 when it uses exchange routing. You can still buy and sell fractions of a cryptocurrency above those minimums. A small slice below the minimum stays in the account until a later buy lifts it over the line, or until the minimum itself changes (source: Robinhood, Buying and selling crypto).
How soon can a crypto sale reach your bank?
Dollars from a crypto sale can buy stocks, options, or more crypto right away. A withdrawal of those dollars to a bank follows the usual ACH window and can take up to 5 business days. The cash is usable inside the account before it is usable at the bank, so a plan that needs the dollars outside Robinhood has to start the withdrawal early (source: Robinhood, Buying and selling crypto).
How large a crypto position can you hold?
Bitcoin, Ethereum, Dogecoin, PEPE, SHIB, and XRP each have a maximum cost basis of $50,000,000. Every other listed coin has a maximum cost basis of $20,000,000. The market value can later rise above that cost-basis cap. Robinhood Crypto can change the caps, so a position that fit last month can sit at the ceiling on the next buy even when the coin count has not changed (source: Robinhood, Buying and selling crypto).
Can a brokerage restriction stop a crypto order?
A restriction on the Robinhood Financial account can also restrict the crypto account. You will not be able to trade crypto until that brokerage restriction is lifted. The coins sit in the Robinhood Crypto account, which is a different company from the brokerage, but the two accounts can be locked together. A stock-side restriction is therefore enough to stop a market, limit, stop, or stop limit until the brokerage restriction ends (source: Robinhood, Buying and selling crypto).
Researched and written by the BloFin Academy editorial team with AI-assisted drafting. Updated September 2026. Primary sources: Robinhood crypto order help, Investor.gov, and Investopedia. All facts independently verified against cited documentation current as of September 2026.
This article is educational and general in nature, not financial or investment advice. Cryptocurrency prices are volatile, order bands and minimums can change, and neither a market order nor a stop limit guarantees a fill. Nothing here is a recommendation to buy, sell, or hold any asset. Do your own research, and consider a licensed professional before making financial decisions. BloFin does not provide investment advice.