XEI Docs
  • πŸ‘‹Welcome to XEI
  • Feature Description
    • πŸ’«Swap Trading
    • ✨Leverage Trading
    • πŸ’°Liquidity Pools
    • 🎭Lending Pools
    • πŸ’΅Liquidation
    • πŸ’ΉOracle
  • PRODUCT GUIDES
    • πŸ“’Tutorial
      • Getting Started on XEI
      • How to Start a Market Swap
      • How to Add Trading Tokens
      • How to Start Futures Trading
      • How to Add Liquidity
    • ❓FAQ
      • What should I do if I can't find the cryptocurrency I want to trade?
      • What are market orders and limit orders?
      • What fees are associated with Swap transactions?
      • What are fee tiers, and how do you choose the right fee tier?
      • What happens if the current price exceeds the price range set for my liquidity position?
      • Are fee rewards automatically compounded?
      • What factors affect LP APR?
      • What is Lending Pools?
      • How is the reward period calculated after participating in Lending Pool?
      • Which cryptocurrencies are supported by Lending Pool?
      • How long does it take for redemption to be credited to the account?
  • OTHER
    • πŸ’ŒContact Us
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  • Market Orders:
  • Limit Orders:
  1. PRODUCT GUIDES
  2. FAQ

What are market orders and limit orders?

PreviousWhat should I do if I can't find the cryptocurrency I want to trade?NextWhat fees are associated with Swap transactions?

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A market order is an instruction to buy or sell a token immediately at the current market price. It's executed quickly but doesn't guarantee a specific price. This type of order is suitable when speed is more critical than price.

Limit Orders:

A limit order is an instruction to buy or sell a token at a specific price or better. You set the maximum price you’re willing to pay, or the minimum price you’re willing to accept. The trade will only execute if the market price reaches your set limit.

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Market Orders