Limit Order

A Limit Order lets you decide the exact price
at which you want to buy or sell a cryptocurrency.

It doesn’t execute right away — instead, it stays open until
the market reaches your chosen price.

Example

• You want to buy Bitcoin at $58,000, but it’s currently $60,000.
  → You place a buy limit order at $58,000.
  The trade only happens if the price drops to your level.
• The same works for selling at a higher price with a sell limit order.

Why it matters

• Gives you control over your entry or exit price.
• Helps avoid emotional trading or bad timing.
• Useful for planning trades in advance.

However, limit orders aren’t guaranteed to fill —
if the market never reaches your target, the order stays pending.

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💡 Lanzo Tip

Use limit orders when you want precision over speed.
They’re perfect for patient traders waiting for the right price —
not just the fastest execution ⚙️