Limit Orders
Overview of Limit Orders on DotSwap
Last updated
Overview of Limit Orders on DotSwap
Last updated
DotSwap is excited to introduce Limit Orders, a new feature that enhances your trading experience by allowing you to set specific price points for your trades. This functionality provides greater control and precision, enabling you to execute trades at your desired prices.
Set Your Price: Specify the desired price at which you want to buy or sell an asset.
Place Your Order: Submit your limit order to the DotSwap order book.
Automatic Execution: DotSwap's matching engine will automatically execute your order when the market reaches your specified price.
Price Control: Execute trades at your target price, avoiding potential slippage.
Reduced Risk: Minimize losses by setting precise entry and exit points.
Trading Flexibility: Take advantage of market fluctuations without constant monitoring.
Time-Saving: Set your orders and let the platform handle the execution.
Order Expiry: Set an expiration time for your limit orders to automatically cancel them if not filled within the specified timeframe.
Order Cancellation: Cancel your limit orders at any time before they are filled.
Order Book Visibility: View the order book to see the current buy and sell orders and assess market depth.
Limit Orders is now only available on DotSwap V1.