Limit Orders
Limit Orders
Limit Orders
A Limit Order allows you to buy or sell a token at a specific price or better. This gives you more control over your trades, as it ensures that the trade will only execute when the price reaches your desired level.
Creating a Limit Order
Click on the "New Order" button in the Limit Orders interface. Alternatively, you can create a limit order directly from the Token Info page by clicking the Limit Order button
Required Fields for Limit Orders
Token
Token you want to buy at a specific price
Token you want to sell at a specific price
Trigger Price
The token price at which the purchase will be executed
The token price at which the sale will be executed
Amount
Amount of the token in SOL you want to purchase
Percentage of the tokens you hold that you wish to sell
Limit Order Type
Buy
Sell
Expiry
Expiry time for your limit order
Expiry time for your limit order
Trigger Price
The Trigger Price is the price at which your order will be triggered. You can set it as a fixed price (e.g., 10.8) or as a percentage increase from the current price.
For example, if you choose the TRUMP token for a limit buy and set a 10% trigger, the system will automatically calculate a price that is 10% higher than the current price of the TRUMP token.
Expiry
The limit order will expire based on the date you set, in natural language, indicating when it will deactivate. By default, it is set to Never.
Select Wallet
You can choose the wallet from which you want the limit order to be executed.
Create Limit Order
Once you’ve filled in all the fields, you can create the limit order. The order will then be placed.\
Missing Values. Make sure all required values are set before creating the limit order.
You can create the limit order. Once all values are filled in, you can create the limit order.
View and Manage Active Limit Orders
In the Limit Orders screen, you can view all of your active limit orders. From there, you can edit the fields or delete any order if needed.
To modify an order, you must first select the limit order. Once selected, you can edit the fields or delete the order if needed.
Please note that the token of an active limit order cannot be changed. If you wish to change the token, you'll need to create a new limit order with the updated token.
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