TRADING & AMMS
Limit Order
Definition
A limit order is an instruction to buy or sell an asset at a specific price or better. It provides price certainty but doesn't guarantee execution if the market doesn't reach the specified price.
Example
Example
A limit buy order for ETH at $1950 will only execute if ETH price drops to $1950 or below.
Risks to Consider
Risks
- No execution guarantee
- Partial fills
- Price gaps