Limit orders
The essential tool for traders.
Last updated
Was this helpful?
The essential tool for traders.
Last updated
Was this helpful?
https://app.jexchange.io/limit
Limit orders allow you to place an order at a price lower than the current price of the asset. The objective here is to acquire tokens cheaper than a live swap.
To do this:
Pay: select the payment token and the amount of tokens you want to spend
Receive: select the token to receive
Select the amount of tokens you want to receive (the "Price" will get updated according to both selected amounts)
Or select the "Price" and the amount of tokens to receive will get updated automatically.
To assist with the input, current market rates are displayed.
In the example below, the user is on the wBTC/USDC pair.
BTC Current price = 95,909 $USDC
Price at which the user wants to buy BTC = 95,000 $USDC
USDC Desired purchase amount = $900 USDC
A recap of the order is shown. Please read carefully before submitting the order.
Your orders are displayed in "Active Orders" and "Past Orders" tabs.
Details of each order is displayed.
Use the search input and the "Other pairs" toggle button to easily browser among your orders.
Our arbitrage bot allows you to fill orders automatically as soon as liquidity is available on JEX or on other DEXs to which our platform is connected.
Pairs that our bot is active on will find a bot icon as shown in the image below. Our bot can fully or partially fulfill orders.
BE CAREFUL: for activating the bot, several conditions must be filled:
Liquidity must be available in sufficient quantity on DEXs. The order may be partially filled if this is not the case.
Exchange fees in the orderbook and on DEXs must be covered.
Liquidity must be available by the time the bot detects the arbitrage opportunity. It is therefore possible that in the event of high market volatility certain orders cannot be filled.
Although the bot does not seek to make a profit, any profits are treated as protocol fees.
