Create limit orders
The essential tool for traders.
Buy limit orders
https://app.jexchange.io/trade
Buy 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, simply enter the information in the green box on the trading page, with information:
the price at which the user wishes to buy the asset (so the price must be lower than the current price)
the desired purchase amount, in one or other of the tokens of the selected pair.
In the example below, the user is on the wBTC/USDC pair.
BTC Current price = 45,555 $USDC
Price at which the user wants to buy BTC = 41,850 $USDC
USDC available in wallet = $989.55
USDC Desired purchase amount = $900 USDC
Once the information entered is verified, the user can create their offer. A new window will appear to check the information one last time before the offer is available on the market.
Sell limit orders
https://app.jexchange.io/trade
Sell limit orders allow you to place an order at a price higher than the current price of the asset. The objective here is to sell tokens at a defined price to take profits.
To do this, simply enter the information in the red box on the trading page, with information:
the price at which the user wishes to sell the asset (the price must therefore be higher than the current price)
the desired sale amount, in one or other of the tokens of the selected pair.
In the example below, the user is on the wBTC/USDC pair.
BTC Current price = 45,555 $USDC
Price at which the user wants to sell BTC = 59,000 $USDC
BTC available in wallet = 0.017948 BTC
Desired sale amount = $1,058.932 USDC
Once the information entered is verified, the user can create their offer. A new window will appear to check the information one last time before the offer is available on the market.
Validated buy and/or sell orders will appear in our order book.
On the chart, it will be possible to view your buy orders (green dotted line) and your sell orders (red dotted line).
Automatic order execution
Our arbitrage bot allows you to fill sell and buy 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.
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