# Limit Orders **🤖 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** 1. **Select Your Token**: In the "You’re Selling" field, choose the token you wish to sell. 2. **Enter the Amount**: Specify the quantity of tokens you intend to sell. 3. **Choose the Token to Buy**: In the "You'll Receive" field, select the token you wish to purchase. 4. **Set Your Desired Rate**: Enter the price you wish to buy at in the "Buy 1 (token) at rate" field. 5. **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. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://wolfswap-or-swap-and-earn.gitbook.io/index/wolfswap/limit-orders.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.