💎 Limit Buy Orders
Last updated
Last updated
🔹 What is a Limit Buy Order? A limit buy order is an order that automatically executes when the asset's price reaches your specified target price.
You can set a price either below or above the current market price to buy the asset at your preferred price.
🔹 How to Set Up a Limit Buy Order?
Enter the token address you want to purchase on the platform.
Click on the "Limit Order" button.
Select or input the amount you wish to purchase.
Set a target price, either:
A specific price, or
A percentage difference from the current market price (e.g., 5% below the current price).
(Optional) If you want to set a sell price, you can enter a target sell price as well.
Click "Create Order" to submit your limit buy order.
🔹 Limit Buy Order Mechanics
Below-market limit buy order: The system will automatically execute the buy order when the market price drops to your target price.
Above-market limit buy order: If the market rises to your target price, the system will execute the buy order to ensure you catch the uptrend.