Limit orders

Limit orders are useful for two main use cases:

• Buying the Dip: You can set up a limit buy order to purchase an asset at a lower price than the current market price, allowing you to buy the dip without constant monitoring.

• Taking Profit: You can set up a take-profit order, which is a limit order to sell an asset at a higher price than the current market price, ensuring your assets sell automatically when they reach your target.

We're using 1inch to offer limit orders.

This is the only feature where you’ll need to provide approval before submitting a transaction. The approval grants 1inch permission to use your asset and execute the order you’ve specified.

In the example below, the user wants to sell $LINK at a price 10% higher than its current rate against USDC.