A step-by-step guide on how to make limit orders.
A limit order is one of our advanced trading features on the bitoftrade platform. We've made a guide to help you start adding limit orders to your trading habits.
For additional guidance on making limit orders with bitoftrade watch our short video tutorial:
How to Place A Limit Order on bitoftrade
Start using limit orders in six simple steps:
- Go to our trading dashboard by clicking on “Start Trading”.
- Connect your Ethereum wallet and choose “Limit” on the trading dashboard, make sure you are connected to the Ethereum network.
You can set your trading pair by searching for a specific token by token name, determining the number of tokens you want to trade, the time your order will stay open, and the target price.
Click "Confirm Limit". If it’s the first time you’re trading with a certain token, you’ll have to unlock it. This is a one-time procedure and requires signing into your wallet with gas fees.
Press on “Confirm” and you’ll see your transaction summary, including all estimated fees. Your wallet will open automatically.
After approving the order on your wallet, you’ll be able to see it and its status in the “Transaction History” section at the bottom of the page.
Important note: your transaction will occur only if your market conditions are met.