What is a Limit Order?

A limit order lets you decide the exact price at which your order should execute.

That means:

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

A limit order does not execute immediately.

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

Simple example

You want to buy Bitcoin, but you don’t want to buy 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 at that price.

• If the market never reaches that price → the order will not execute
• If the market reaches exactly that price → the order executes automatically

You don’t need to stay logged in or watch the chart.

Price matching is required

A limit order executes only when the market price matches the price you entered.

• No price match → no execution
• Price match → the order triggers and executes

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 is similar to a normal trade, but with full price control.

Below you can see the Limit Order interface in X4T. You’ll find a price chart and order options, where you can choose what you want to sell, what you want to buy, your limit price, and the expiration time for the order.

Step 1: Choose what you want to sell and receive

Just like a normal trade:

• 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 your 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—it’s the price you choose

Example (market data may differ and may no longer be up to date):

“I want to exchange 1 BTC for USDT, but not at the current price of 89,501 USDT.
I want to sell when 1 BTC = 115,000 USDT.”

You can enter any price you want.

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

Step 3: Choose how long the order should stay open

You decide how long your limit order remains active, for example:

• minutes
• hours
• days
• or longer

If the price is not reached within that time:

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

Important: What happens after placing the order?

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

Until then:

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

If the required funds leave your wallet (for example by sending to another wallet or withdrawing cash) before the price matches, the limit order cannot execute.

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: 18/12/2025