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      • How to Place Limit Orders?
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  1. About DotSwap

Limit Orders

Overview of Limit Orders on DotSwap

PreviousFAQNextHow to Place Limit Orders?

Last updated 5 months ago

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.

How Limit Orders Work

  1. Set Your Price: Specify the desired price at which you want to buy or sell an asset.

  2. Place Your Order: Submit your limit order to the DotSwap order book.

  3. Automatic Execution: DotSwap's matching engine will automatically execute your order when the market reaches your specified price.

Benefits of Limit Orders

  • 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.

Key Features

  • 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