Overview
Limit orders let you set a specific price at which you’re willing to trade. This gives you more flexibility and control over your orders.
How to Place a Limit Order
- Decide whether you’re buying (bid) or selling (ask)
- Specify your desired price
- Enter the number of shares
- Submit — the system adds your order to the order book, visible to other traders
Orders closer to the current market price have a higher chance of being filled.
Benefits
- Price control — Trade at the exact price you want
- Spread management — Help narrow the bid-ask spread
- LP rewards — Earn rewards through the LP Rewards program for providing liquidity
Engaging with limit orders strategically can earn you rewards as part of the LP Rewards program, incentivizing tighter spreads and greater market depth.
