Limit Orders
Limit Orders
A Limit Order allows you to specify a price at which you'd like to trade an asset, making them useful when you have a price target in mind.
With this functionality, users can set a specific Limit Price to have their transaction executed automatically when market conditions meet the order criteria.
Example: Suppose you hold some WETH and the current market price is $2,000. You anticipate bullish price action in the near future and want to secure profits as the price rises.
Limit Price: $2,600 - The price at which you want the order to execute
Your order will be executed when a buyer is matched at the price of $2,600 WETH/USDC, otherwise it will remain open.
Synergizing with Oku's swap aggregation, Limit Order's on Oku can be executed through alternative liquidity sources to fill orders for the user.
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