A Limit Order is a commitment to buy or sell a financial instrument at a specified price or better. As a Maker, when you place a Limit Order, you are essentially setting a price at which you are willing to buy or sell, but this order will only be executed if a Taker comes along to fill it.

Key Aspects to Understand:

• Patience Required: Your Limit Order will sit on the order book until a Taker decides to execute against it. This could happen quickly or might take some time, depending on market activity and your specified price.
• Price Guarantee: Although you must wait for a Taker, you have the advantage of knowing the worst price at which your order can be executed.
• Market Dependence: The execution of your order depends on market movements. If the market price moves away from your limit price, your order may remain unfilled unless you adjust the price.

In essence, as a Maker, you provide liquidity to the market, waiting for a Taker to accept your offer. This approach can lead to more favorable pricing but requires patience and a strategic understanding of market dynamics.

Exciting Update: Automatic Order Execution Coming Soon!

We’re thrilled to announce that our new Solver feature is on the horizon! This innovative tool will automatically execute your limit orders as soon as the market price matches your specified order price.

Highlights of the Solver Feature:

• Effortless Trading: Set your limit order and let Solver do the rest. No need to monitor the market constantly.
• Precision Execution: Your orders will be executed at your desired price point, ensuring you get the price you want.
• Enhanced Trading Experience: With Solver, you’ll enjoy a more streamlined and efficient trading process, making your investment journey smoother.

Stay tuned for the launch date and get ready to elevate your trading strategy with our automatic execution feature. We can’t wait for you to experience the ease and efficiency of Solver!