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# Limit Orders

# 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.

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###### 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.

![](https://storage.crisp.chat/users/helpdesk/website/-/f/6/d/f/f6dfb1ee704cb800/limit-orders-screenshot-enpng_1qxkp22.png)

---

###### 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

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## 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**.

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## 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**