What is a limit order?

A limit order allows traders to purchase or sell a cryptocurrency at a specified price or better. That way you can automate the buying and selling without having to constantly watch price charts.

A limit order will only be executed at the limit price, or a lower price when buying. On the flip side, a limit order will only be executed at the limit price or higher when selling .

How to set limit orders on 1inch.io, a decentralised exchange

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