Limit Orders

Limit Orders

A limit order lets you specify the exact price at which you want to buy or sell a token, unlike a market order, which executes immediately at the current market rate.

1. What is a Limit Order?

A limit order lets you specify the exact price at which you want to buy or sell a token, unlike a market order, which executes immediately at the current market rate.

Example:

Let’s say $HYPE is trading at $1.00 and you believe it will drop. You can place a limit buy order at $0.90. Your trade will only be executed if the price reaches $0.90 or lower.

Similarly, if you own $HYPE and want to sell it for at least $1.10, you can set a limit sell order it will only trigger when the market hits that price or better.

🆚 Limit Order vs. Market Order

FeatureLimit OrderMarket Order
Execution PriceYour chosen price or betterCurrent market price
Execution TimeNot guaranteed (waits for condition)Immediate
Slippage Control✅ Yes❌ No
Gas SpentOnly on executionOn submission

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