With a limit order, you can place an order in the market at a specific price at which you want to buy or sell a chosen cryptocurrency. Note that the order may not necessarily be executed exactly at the price you set. The trade occurs when the market reaches or crosses the limit you specified.
A limit buy order is executed when the selected cryptocurrency's price reaches or falls below the limit price you set.
A limit sell order is executed when the selected cryptocurrency's price reaches or exceeds the limit price you set.
To place a limit order:
- Go to the Trading page by clicking "Trading" at the top of the page and select "Buy" or "Sell."
- Choose your desired cryptocurrency and select "Limit Order" from the Type field.
- Define the limit price, expiration date, and the amount you want to use for the order (in euros or the selected cryptocurrency).
- Click "Buy" or "Sell."
To cancel a limit order:
The funds allocated to the order remain reserved for the duration of the order. If you wish to cancel a limit order, you can do so by logging in and navigating to "Trading" - "All Orders."
In the mobile application, you can cancel the limit order you placed by selecting "Trading" - "Trading History." Choose the desired order and click "Cancel Order."
Maximum amount and expiry date:
- Duration of the order can be up to 7 days
- The maximum amount for a single order is 25,000€