🤖Limit Orders
How Wolfswap Limit Order Works
🤖 Limit Orders
What is a Limit Order?
A limit order is an instruction to buy or sell a token at a specific price, allowing traders greater control over the execution price of their trades. Limit orders can be set for both buying and selling a token and are filled only when the market reaches the specified price.
How It Works
Select Your Token: In the "You’re Selling" field, choose the token you wish to sell.
Enter the Amount: Specify the quantity of tokens you intend to sell.
Choose the Token to Buy: In the "You'll Receive" field, select the token you wish to purchase.
Set Your Desired Rate: Enter the price you wish to buy at in the "Buy 1 (token) at rate" field.
Choose Order Expiry: In the expiry field, select the time period after which the limit order will expire if not filled.
Fees and Additional Information
Wolfswap charges a 1% platform fee for limit orders.
Important Disclaimer: Wolfswap cannot guarantee the completion of a limit order, even if the market price reaches the specified amount, due to potential factors such as market volatility, liquidity, and network delays. However, Wolfswap’s limit orders currently maintain a success rate exceeding 80%, based on recent performance.
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