Order Types
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Last updated
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We currently offer two types of orders: Market Orders and Limit Orders. A Market Order lets you execute a trade at the current market price, while a Limit Order allows you to set a specific price at which you want your trade to be executed.
A market order is executed at the current market price as quickly as possible when a user places the order. Polynomial Trade uses delayed offchain order for maximize the efficiency of the AMM.
The order will be placed directly after the trader places it, and a keeper bot will execute it.
A limit order is an instruction to buy or sell an asset at a specific price or a better one.
Limit orders are often used by investors who want to control the price they pay for a security. They can also be used to set a maximum loss or to protect profits.
