⁉️How Buy Limit Order works
With Soybot Limit Order, you have the flexibility to buy or sell any token pair according to your desired price point.. Once the order is placed, keepers will constantly monitor the liquidity landscape and execute the limit order when the market price reaches your limit price.
Routing through Jupiter, the largest DEX aggregrator on Solana, Soybot ensures ample liquidity to execute large orders across a variety token pairs on Solana blockchain while giving users the convenience of their familiar Telegram bot.
NOT AN ORDERBOOK
Soybot is NOT an orderbook that matches buyers' and sellers' order on the Solana blockchain, but instead utilizes an on-chain prize monitoring system to automatically carry out a transfer system
Why should you place a limit order with Soybot?
Users able to create limit order like CEX experience on Solana.
Widest liquidity availability on Solana to fulfill the trade.
Users can place an order with an expiration time. At the end of the period, the crank will cancel any unfilled orders and refund the token to the user's wallet automatically.
Limit orders ensure you'll get what you quote with no slippage, which is especially useful during volatile periods.
Transactions will not fail because of slippage errors.
Jupiter Limit Order have a wider range of token selections, as long as there is sufficient liquidity in the market, the token pair will be available to trade (Execution will be based on available liquidity on-chain)
Never get front run by MEV, no slippage, and you will get what you quote. Very useful in highly volatile markets, transactions won’t fail because of slippage error.
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