Quick Guide: How to Create a Limit Order on ICPSwap

Take ICS/ICP trading pair as an example

A. Create a Sell High Limit Order for ICS

1. Current Price: 1 ICS = 0.0019 ICP( or 1 ICP = 526.315 ICS). For example, If I believe ICS will rise to a price when 1 ICP = 280 ICS. I can enter 2,000 ICS. To make this clearer, click the icon to switch the price display format. You can choose to view it as either 1 ICP = 526.315 ICS or 1 ICS = 0.0019 ICP.

1. Enter the price: 280. This means I’ll sell 2,000 ICS for 7.14284 ICP when the price reaches 1 ICP = 280 ICS.

You can switch the price format again to check. Currently, the price is 1 ICS = 0.0019 ICP, while your limit order is set at 1 ICS = 0.00357142 ICP. The limit order will be filled when ICS increases by 77%.

3.Once confirmed, click to submit the limit order.

View Limit Order details, showing the Min trading fee earning if the order is filled. No gas or trading fees are needed, except for the transfer fee.

B. Create a Low Buy Limit Order for ICS

1. Current Price: 1 ICP = 502.77 ICS. For example, if I believe ICS will drop to 1 ICP = 650 ICS, I enter 3 ICP and set the price at 650. This creates a limit order to buy a total of 1,950 ICS when the price reaches 1 ICP = 650 ICS, meaning I’ll buy 1,950 ICS for 3 ICP at that rate.

2.The limit order will be filled when ICS drops by 22%.

3.Once confirmed, click to submit the limit order.