Multi-asset brokerage eToro has issued a warning to users looking to buy bitcoin and other cryptocurrencies over the coming weekend.
According to an email sent to customers and as reported by Bloomberg on Wednesday, the Israel-based company said customers could face “possible limitations” due to “challenges” in the platform’s ability to support buy orders.
The brokerage may set a temporary maximum exposure amount per cryptocurrency asset per client, as well as temporarily suspending the ability to place new buy orders, according to a copy of the letter posted online.
The disruption to services has also filtered over to traders regarding leveraged cryptocurrency positions who called foul on Sunday when their positions were abruptly closed due to “extreme market volatility.”
As such, customers are now being warned that the brokerage platform may make further changes to their cryptocurrency offerings “at very short notice.”
CoinDesk reached out to eToro, but did not get a response by press time.