When a person wants to be outstanding and achieve non-usual goals, he or she needs to put in non-usual efforts.
The same goes for companies, that’s why enormous efforts are being put to create a unique product that will satisfy the needs of the customers, in particular, to achieve great goals in general.
Here are the 3 types of limit orders that will be available within the Kattana terminal, which will certainly make your DEX trading more effective.
1-Limit market order
A limit market order is a conditional order, where the user sets the desired sell/buy price, and when that specified price is triggered the asset is sold/bought at the market price.
This type of order enables users to guarantee the fulfillment of the desired buy/sell action at the specified price to minimize the probability of surprises.
A limit order is a conditional order, where the order to buy/sell assets is set at a price that’s no higher/lower than specified.
This type of order is made to protect users from buying at a high price or selling at a low one.
It is not meant for a specific user but rather for the arbitrage traders that will fill it*, to collect a small fee on top of the deal value.
*= The fulfillment of the orders is not guaranteed in times of high volatility.
3-CE-DE limit order
A CE-DE limit order is a symbiosis of decentralized and centralized environments, whereby simply using a button, users will have the possibility to buy/sell the specified asset on a centralized exchange without having to make a deposit on that exchange and to make exchanges at a substantial-high pace with no extra steps.
Kattana is everything a trader would need, understandable easy to use features that form a bigger picture, that symbolizes the exclusive added value that Kattana is bringing into this decentralized trading space.
More information about the quirks and features of Kattana will be released soon, to not miss a thing: