> For the complete documentation index, see [llms.txt](https://wolfswap-or-swap-and-earn.gitbook.io/index/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wolfswap-or-swap-and-earn.gitbook.io/index/wolfswap/limit-orders.md).

# 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.