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Order Types

EMPX supports two types of limit orders, each designed for different trading strategies.

SELL Orders (Exit Strategy)​

What it does: Automatically sells your tokens when the price goes UP and reaches your target.

When to use it:

  • Taking profits when a token has increased in value.
  • Exiting a position at your target price.
  • Setting a stop-loss (sell when price drops to a certain level - requires specific strategy setup).

Example Scenario​

You bought 1 WETH at $2,500. You want to take profits at $3,500. Create a SELL order:

  • Deposit: 1 WETH (the volatile token you want to sell)
  • Receive: 3,500 USDC (the stable token you want to get)
  • When: The price hits $3,500 or higher

The order sits waiting until WETH reaches $3,500, then executes automatically, converting your WETH to USDC and locking in your profit!

BUY Orders (Accumulation Strategy)​

What it does: Automatically buys tokens when the price goes DOWN to your target level.

When to use it:

  • Building a position during market corrections.
  • Buying the dip at your ideal entry price.
  • Dollar-cost averaging into a position.

Example Scenario​

WETH is currently $3,200, but you think it’s too expensive. You want to buy if it drops to $2,800. Create a BUY order:

  • Deposit: 2,800 USDC (the stable token you’re spending)
  • Receive: 1 WETH (the volatile token you want to buy)
  • When: The price drops to $2,800 or lower

If WETH drops to $2,800, your order executes automatically, using your USDC to buy WETH at your target entry price!

order types