Placing a limit order

A Limit Order is an order to buy or sell a financial asset at a specified price or better. When placing a limit order to buy, it will only execute at the limit price or lower, while a limit order to sell will only execute at the limit price or higher.

Placing a limit order

To place a limit order:

1. Click Limit in the trade box.

2. Click Buy or Sell.

3. Type an Amount - this is the total trade size.

4. Type a Limit Price - set the maximum or minimum price at which you are willing to buy or sell.

5. Review your order summary to confirm your selections.

6. Click Place Order to execute your order.

Note: By default, the Good Til Date for limit orders can extend up to 28 days.

Advanced limit order options

You can also add options like Good-Til-Date, Fill or Kill, or Post-Only. When selecting a limit order, you can expand the Advanced section to reveal the following Time in Force and Execution policies:

• Good Til Date - The order will be added to the order book and expire automatically on the specified date.

• Fill or Kill - The order type in question will only be executed if the entire amount can be matched, and partial matches are not allowed.

• Post-Only - By clicking the Post-Only option, you can ensure that you won't be charged the taker fee.

Can I submit multiple limit orders on the same market?

Yes, you can submit as many orders as desired, so long as they are above the minimum threshold.