📥Limit Buy Orders

FAQ

Why didn't my limit order trigger?

A limit order may not have triggered for multiple reasons:

1. The limit order takes into consideration the price impact of your potential swap. Even if the market price moved close to the trigger, it may be that your order would move the price out of trigger range.

2. Swaps for that token may have been executed before you in the block, thereby affecting the token price and causing your order to fail.

What is the maximum expiry time for a limit order?

There is no limit on the expiry time you can use.

How is the token's USD price computed?

Every block, limit orders are trigger checked by computing the USD price of the token:

1. The pool reserves of the token trading pair, and your token input amount, are used to calculate the equivalent ETH amount for your tokens.

2. The USD price of ETH is calculated based off the USDC-WETH Uniswap pool.

3. The two previous results are used to compute the equivalent USD price of your tokens.

Interface

Telegram Bot

Main screen (token address entered) with trigger price or percent change

• Token - The contract address of the token you intend to limit buy, entered in the chat bar.

• Amount - The amount of ETH you want to buy with, or choose a preset ETH amount (.1 ETH, .5 ETH, 1 ETH, 1.5 ETH, or 2 ETH)

• Expiry - The amount of hours before the order expires and is automatically cancelled.

• Select Wallets - Choose which wallets you want to limit buy with, whether it be W1, W2, or W3. (Users can limit buy simultaneously with multiple wallets.)

• Gas and Slippage - Choose between auto slippage and auto gas, or custom slippage or custom gas, depending on the needs of your trade.

• Add Order - Choose from preset % price decreases, or enter a custom percentage. After entering, your limit order will be created (but not triggered).

• Trigger Price or Percent Change - See the image above. Users can either input a trigger price or a percent change from the token's current value that will then trigger once the token crosses the desired price or percentage change. For percentage change, if the user wants the limit to trigger below its current value, they must put, for example, '-50%'.

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After limit order is created

• Create Order - Once the user has configured everything, they can click 'Create Order' and the transaction will be submitted.

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After creating at least one limit order

• Existing Orders - To access existing limit orders, go to 'start,' then click 'Limit Orders'. (See image above.)

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Delete order

• Select Order to Delete - Click the red X (❌) to delete the limit order.

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Limit order is triggered

• Buy Limit - Return to the buy limit menu.

• Menu - Return to the main menu.

Unibot X

Limit buy panel

• You Pay - The amount of ETH you would like to swap with.

• Price - Set the trigger price you want your limit order buy to execute at.

• Expiry - The amount of minutes/hours/days before the order expires and is automatically canceled.

• You Receive - The address of the token for which you are creating a limit order. Upon entering, details of the token will be automatically presented.

• Buy Coin - After clicking, your limit order will be created (but not triggered). Your 'Limit Orders' panel will immediately update and include your new limit order.

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Open limit orders

• Delete Order - Click the 'Close' icon on the limit order you would like to delete. Deletion occurs immediately and without confirmation.