Limit orders

Better than else

To set a limit order it is necessary to set the following parameters:

1. Pick asset pair;

2. Note that the target price is set for the upper asset ("From" token);

3. Select order type;

Transactions on the platform are executed when the target price is hit:

Buy: the price is equal to or below the target price; Sell: the price is equal to or above the target price.

4. Set the slippage tolerance in the settings

The protocol calculates the approximate price change and shows it in the Price Impact section

5. Set the number of tokens to burn

• Burning tokens allow you to increase the reward received from the transaction;

• If TP/SL orders are set, token burning will take place in the initially set amount;

• A maximum of 100 tokens can be burned per transaction;

• Every 10 tokens burned increases the reward by 1%;

• Therefore, the reward can be increased by a maximum of 10%;

6. Set Stop Loss / Take profit / Trailing Stop Loss

Using advanced options you can place additional orders

All order types are approved by a single transaction

Approvals & placing orders

The protocol will require the following approvals to confirm the order:

1. Permission to spend token "A" to execute a transaction;

2. Permission to spend token "B" to execute a Stop loss;

3. Permission to spend SPLX tokens in case they are burned.

Active orders and history

• Active orders show your orders in all networks;

• Transaction history shows executed orders in the network that you connected;