๐Ÿ’Ž Limit Buy Orders

๐Ÿ”น 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.

๐Ÿ”น How to Set Up a Limit Buy Order?

  1. Enter the token address you want to purchase on the platform.

  2. Click on the "Limit Order" button.

  3. Select or input the amount you wish to purchase.

  4. Set a target price, either:

    • A specific price, or

    • A percentage difference from the current market price (e.g., 5% below the current price).

  5. (Optional) If you want to set a sell price, you can enter a target sell price as well.

  6. Click "Create Order" to submit your limit buy order.

๐Ÿ”น 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.

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