How to Use Limit Orders on Alkizen

What Are Limit Orders?

A limit order lets you specify the exact price at which you want to buy or sell a token. Instead of executing at the current market price, your order waits until the market reaches your target.

Limit Orders vs Market Orders

• Market order (Swap): Executes immediately at current price
• Limit order: Waits for your specified price before executing

When to Use Limit Orders

Buying dips: Set a buy order 10-20% below current price for accumulation

Taking profits: Set a sell order at your target price

Range trading: Set buy and sell limits at support and resistance levels

Sleeping: Let limit orders work while you rest — no need to watch charts

Setting Up on Alkizen

Step 1: Select the Limit Tab

Navigate to the trading interface and choose the Limit tab.

Step 2: Configure Your Order

• Token pair: Select which tokens you want to trade
• Target price: Set the price at which you want the trade to execute
• Amount: How much you want to buy or sell
• Expiry: How long the order stays active (1 day, 1 week, 1 month)

Step 3: Place the Order

Review your order details and confirm. Alkizen monitors prices and executes automatically when your target is hit.

Tips for Better Limit Orders

• Use technical analysis to identify support and resistance levels
• Do not set limits too far from market — they might never fill
• Consider splitting large orders into multiple limit orders at different prices
• Check your open orders regularly and cancel stale ones