Limit Orders
Learn how limit orders work — one of the core tools in Swoop.
What is a Limit Order?
A limit order is a request to buy or sell a token at a predefined price or market cap. Unlike market orders that are executed instantly at the current market rate, limit orders are only executed when the asset reaches your specified price or capitalization level.
Limit orders are a powerful tool for those who want to control entry points, take-profit, or stop-loss levels — without having to monitor the market 24/7. You simply set your target as a percentage of the entry price, and the order will trigger automatically when the conditions are met.
Limit Order Capabilities
Swoop allows you to place limit orders for both buy and sell actions. Available options depend on whether you hold the token in your wallet.
If you don’t have the token
You can create a limit buy order.
Or, buy the token instantly and set a limit sell afterward.
If you already hold the token
You can create a limit sell order.
Or, sell the token instantly at the current price.
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