LIMIT
Limit Order allows you to buy or sell a token at a specified price or better.
Last updated
Limit Order allows you to buy or sell a token at a specified price or better.
Last updated
Want to create limit orders on your favorite EVM chain? Definitive has the best function for it.
Scenario: Limit buying $WELL
Video Guide: https://www.youtube.com/watch?v=pn-USeHQfyQ
1. Access Platform, create an email account and connect your wallet.
2. Connect to the Base chain and mint a trading vault, a smart contract account for holding deposits. The vault maximizes your user experience by removing any web3 nuances such as approving transactions.
3. Select the token you want to deposit ($USDC).
4. Approve the deposit.
5. Select the LIMIT trade.
6. Input how much $WELL you'd like to buy.
7. Select customizations for the LIMIT order.
• Limit Price
• Time in force - expire your position either with a manual cancel or set a date/time
Details are available before you initiate the trade.
8. DONE ✅! Your live LIMIT order will be displayed here if you choose to monitor it. Your LIMIT order will automatically execute with no manual intervention needed.
The limit order is a popular strategy amongst traders on Definitive.
