🚀 How do limit orders work?
- Choose an asset — for example, CES.
- Set the price at which you want to buy or sell — for instance, TON at $2.30.
- Create a limit order.
- As soon as the price reaches the required level, swap.coffee automatically executes the order.
🔍 Additional Limit Order Settings
📌 Maximum Number of Executions
Determines how many times the system can repeat the order if the price is not reached.- 1 execution — the order is triggered once.
- 10 executions — the system repeats the order up to 10 times if the price is not reached.
📌 Sub-Order Multiplier
Splits the order into several parts, reducing its impact on the price.- Multiplier 1 — the order is executed as one whole lot.
- Multiplier 3 — the order is split into 3 parts, each executed separately.
- Multiplier 5 — the trade is divided into 5 parts, reducing market load.
🛡 Security and Decentralization
- ✔️ Orders are executed via smart contracts, without intermediaries.
- ✔️ Full transparency of order execution on the blockchain.
🔥 Limit orders are a smart way to trade without constantly monitoring the market.
🎯 When to Use DCA and Limit Orders?
Situation | DCA | Limit Orders |
---|---|---|
You want to accumulate CES or TON gradually | ✅ | ❌ |
You want to set an exact price for buying or selling | ❌ | ✅ |
You do not want to constantly monitor charts | ✅ | ✅ |
You fear strong price fluctuations | ✅ | ❌ |
You want to trade without active involvement | ✅ | ✅ |