๐ธ Limit Sell Order
๐น What is a Limit Sell Order? A limit sell order works similarly to a limit buy order, but instead of buying, it allows you to automatically sell your tokens when the price reaches your specified target.
This ensures you can lock in profits or minimize losses without constantly monitoring the market.
๐น How to Set Up a Limit Sell Order?
Go to the โHeld Assetsโ menu to view your current token holdings.
Click on the token name you want to sell.
Click the "Limit Order" button.
Select the "Limit Sell" option.
Enter the amount or percentage of tokens you wish to sell.
Set a target sell price, either:
A specific price, or
A percentage difference from the current market price.
Click "Create Order" to confirm your limit sell order.
๐น Limit Sell Order Mechanics
Below-market limit sell order: If the market price drops to your set price, the system will automatically sell your tokens to limit losses.
Above-market limit sell order: If the market rises above your set price, the system will execute the sell order, ensuring you secure profits.
โ Note: You must hold the tokens in your wallet to place a limit sell order.
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