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What is a limit order and how does it work?
What is a limit order and how does it work?
Nick avatar
Written by Nick
Updated over 3 months ago

A limit order allows you to set your own price to buy or sell. Contrary to market orders, which are executed immediately, no matter the market price, limit orders are only executed if the market reaches your limit price. Your order will not be executed if the market does not reach your limit price.

Step-by-step on how to use ParaSwap limit order

  1. Head to app.paraswap.xyz and select Limit orders

  2. Select the tokens of your choice

  3. Choose the amount you want to sell or receive

  4. Make sure you configure or lock the market price

  5. Unlock the token (if you haven’t done it already)

  6. Click Review Order and then Submit (for Free 🎉)

  7. You can check your submitted orders in Active Orders


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