Placing a Limit Order
A Limit Order allows you to specify the exact price at which you are willing to buy or sell an outcome. This order type does not guarantee immediate execution, but it guarantees that you will never pay more than your specified price.
How to Place a Limit Order:
Select Market: Navigate to the event page (e.g., "Fed Interest Rate Cut").
Choose Outcome: Click on "YES" or "NO".
Set Order Type: In the order panel, toggle the switch to "Limit".
Enter Price: Input your desired probability (price).
Example: If the current market price is 55 cents, you might set a Limit Buy at 53 cents.
Enter Amount: Input the amount of USDC you wish to deploy.
Submit: Click "Place Order" and sign the transaction in your wallet.
What happens next? Your order is placed into the Oraclyst Virtual Order Book. The Smart Router monitors the underlying venues. If the price on Polymarket, Kalshi, or Limitless moves to match your limit price (53 cents), the router instantly executes the trade and mints the SOT to your wallet.
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