MevX’s Limit Order feature allows users to set specific conditions for buying or selling tokens at predefined prices. This feature provides flexibility and control over your trading strategy, even when you’re not actively monitoring the market.
How to Use Limit Order
- Select a Token:
Use the search bar on the MevX website to find the token for which you want to set up a limit order.
Alternatively, choose a token from the interface to proceed.
- Access Buy & Sell Panel:
On the right side of the token’s chart, locate the panel featuring Buy & Sell and Limit Order options.
- Choose Limit Order Type:
Select “Limit” and then choose either “Buy Limit” or “Sell Limit,” depending on your trading needs.
Buy Limit
Set Up Buy Limit Order:
Enter the following details to set up a Buy Limit order:
Amount: Specify the number of SOL or tokens you wish to purchase.
Trigger Price: Set the price in USD at which you want the order to be triggered.
Expiration Time: Define the duration until which the order remains active.
Advanced Settings: Customize additional parameters such as Slippage, Tip Amount, and Anti-MEV mode to optimize order execution.
Sell Limit
Set Up Sell Limit Order:
Enter the following details to set up a Sell Limit order:
Percentage of Tokens: Choose the percentage of tokens you wish to sell.
Take Profit Price: Specify the target price in USD at which you want to sell for profit.
Stop Loss Price: Enter the stop-loss price in USD to minimize potential losses.
Expiration Time: Define the duration until which the order remains active.
Advanced Settings: Customize additional parameters such as Slippage, Tip Amount, and Anti-MEV mode to ensure successful order execution.
Benefits of Limit Order
- Precision Trading: Set specific price levels for buying or selling, allowing you to execute trades at optimal conditions.
- Automation: Execute trades automatically when market conditions meet your predefined criteria.
- Risk Management: Mitigate risks by setting stop-loss and take-profit levels to protect your investments.
By using MevX’s Limit Order feature, you can enhance your trading strategy with precise control over entry and exit points in the market.