Sell Limit Orders

Sell Limit Orders in AstraDEX, powered by LOB and LOP (via 1inch), allow you to SELL tokens at your desired price, ensuring strategic and efficient trades without constant market monitoring.

What Are Limit Sell Orders?

A limit sell order allows you to sell an asset at a specific price or better. Unlike market orders, a limit sell order executes only when the specified price condition is met, ensuring that you sell your asset at or above your desired price. This makes limit sell orders ideal for strategic trades, allowing you to set your target price without needing to monitor the market constantly.

Steps to Place a Sell Limit Order

1. Access Sell Limit Menu:

   • From the AstraDEX interface, click on "Sell Limit".

   

   Sell Limit

   • A Sell Limits Menu will appear with two options:

     • Limit Order Bot (LOB): Use this for automated and decentralized sell orders.

     • Limit Order Protocol: Offers advanced customization and high-performance sell orders.

     • You can also review your Bot Orders or Protocol Orders here.

     
2. Select Token to Sell:

   • After choosing LOB or LOP, a new window will open.

   • Input the Contract Address (CA) or select the token you want to sell (e.g., $ASTRA, $ADEX, etc.).

   
3. Define the Quantity to Sell:

   • Enter the number of tokens you want to sell. You can select from preset amounts or input a custom value.

   
4. Set Target Price:

   • In the target price window:

     • Specify your target price in ETH or the token’s value (e.g., 0.00064325 ETH per token).

     • Alternatively, set a percentage change (e.g., +10%, +50%, etc.).

     • The system will dynamically calculate and display the total value of the sale based on your input.

     
5. Confirmation Window:

   • Review and adjust the following:

     • RPC: Choose between Fast, or Anti-MEV

     • Gas Fees: Set to Low, Average, or High.

     • Wallet Selection: Choose the wallet (e.g., W1, W2, W3) for the transaction.

     • Tokens to Sell: Ensure the quantity matches your intended sale amount, or

     • ETH to Receive: Verify the total ETH or token value you’ll receive at the set target price, or

     • Target Price: Confirm or modify your target price.

     • Expiration Time: Default is 1 hour (3600 seconds). Adjust between 1 minute to 30 days as needed.

     • Slippage Tolerance: Default is 5%, but you can change it based on your preferences (0%-20%)

     
6. Place the Order:

   • Once all the details are verified:

     • Click Confirm an Order to place the Sell Limit Order.

     • The system will monitor market conditions and execute the sale when the target price is met.

Please note! Your buy limit order may not be filled immediately or at all, depending on the market conditions and your order parameters. The following factors can affect the execution of your order:

• The market price may not reach your specified limit price within the duration of your order.

• The liquidity of the token pair you are trading may be insufficient to fill your order at your desired price.

• The gas fees required to execute your order may exceed your specified gas limit or the available balance in your wallet.

To increase the chances of your order being filled, you can adjust your limit price, increase order amount or order duration accordingly.