What is a Limit Order?

A limit order allows you to decide exactly at which price your order should be executed.

This means:

• You choose a specific price
• Your order will only be triggered and executed when that exact price is reached
• Until then, nothing happens

The order is not executed immediately.

It waits patiently until the market matches the price you entered.

Simple Example

You want to buy Bitcoin, but you don’t want to buy it right now because the price is too high.

Instead, you decide:

“I only want to buy Bitcoin if the price drops to XXX USDT per BTC.”

You place a limit buy order with that price.

• If the market never reaches that price → the order is not executed
• If the market reaches exactly that price → your order is automatically executed

You do not need to be online or monitor the chart.

Price Matching Is Required

A limit order is executed only when the price you entered is matched.

• No matching price → no execution
• Matching price → order is triggered and executed

This gives you full control over when and at what price you trade.

How to Use a Limit Order on X4T

Placing a limit order on X4T works very similar to a normal trade, but with full price control.

Below you can see the Limit Order interface on X4T. You have a course chart and your order options where you can select what you want to sell, buy, the limit price and also the expiry of your order.

Step 1: Choose what you want to sell and receive

Just like with regular trading:

• Top section (Sell):

Select what you want to sell and how much

Example: choose BTC if you want to sell BTC

• Bottom section (Buy):

Select what you want to receive

Example: choose USDT if you want to receive USDT

This means you are defining:

“I want to exchange BTC→ USDT”

Step 2: Set the amount and the limit price

Now you define the exact conditions of your trade:

• Enter the amount you want to trade

Example: 1 BTC

• Set your individual limit price

This is not the current market price, but the price you choose

Example (The market data may differ and not be up to date anymore)

“I want to exchange 1 BTC for USDT, but not right now for the current value of 89501 USDT. I want to sell when 1 BTC = 115.000USDT.

You can enter any price you want.

As soon as the market meets your conditions, the trade is automatically executed.

Step 3: Choose how long the order should stay open

You can decide how long your limit order remains active:

• minutes
• hours
• days
• or longer

If the price is not reached within this time:

• the order stays open until it expires
• or you cancel it manually

Important: What happens after you place the order?

• Once submitted, the order is open
• An open order does not mean it is processed immediately
• The order is executed only when there is a matching price

Until that moment:

• The trade is not processed
• The funds remain in your wallet

If the required funds are removed from your wallet by withdrawing to another wallet or cashing them out before the price is matched, the limit order cannot be executed.

Works both ways and for all trading pairs

• You can use limit orders to buy or sell
• It works in both directions
• Available for all trading pairs offered on X4T

Updated on: 15/12/2025