Limit Orders
Limit orders - buy or sell a certain amount of a token at a specified price or better. They differ from market orders, which execute immediately at the current market price
Last updated
Limit orders - buy or sell a certain amount of a token at a specified price or better. They differ from market orders, which execute immediately at the current market price
Last updated
Limit orders offer several advantages over market orders:
Control over Execution: You set the price you want to buy or sell at, ensuring you get the desired price or better.
Improved Price Execution: Market volatility can cause market orders to execute at suboptimal prices. Limit orders prevent this by waiting for your specified price to be reached.
Risk Management: Limit orders can help manage risk by preventing you from overpaying or selling too low.
Creating limit orders is simple and intuitive. Simply use natural language conversations to convey your order details. Here are a few examples:
Buy Limit Order: "Hey, Buy me 0xAISwap for 1 ETH when it dips to 500K marketcap."
Sell Limit Order: "Hello, Sell my Pepe tokens at 5x."
Gas Limit Order: "Hello, Buy me 0xAISwap for 1 ETH when gas goes below 20 Gwei"
In these examples, the AI will analyze the market conditions and execute your order when the specified conditions are met.
Keeping track of your open orders and order history is crucial for managing your trading activities effectively. We provide you with easy-to-access tools to monitor your orders and stay informed about their status.
