Sphynx Labs
  • Introduction
    • Sphynx Labs Introduction
      • In the Sphynx Labs Ecosystem
    • Get Started
      • Create a Wallet
      • Fiat to Crypto
      • Get BEP20 Tokens
      • Get ERC20 Tokens
      • Get BRC20 Tokens
      • Get CRO Tokens
      • Get LRC20 Tokens
      • GET APEX Tokens
      • Connect Your Wallet to Sphynx Labs
      • Using Sphynx Labs Without Centralized Exchanges
    • Click Here For Help
      • Troubleshooting Errors
      • Fixing Stuck Pending Transactions on MetaMask
      • Educational Videos
    • Brand & Logos
  • Utilities
    • Sphynx DeFi App
      • Fiat to Crypto
      • Creating/Importing a Wallet
      • Portfolio Management
      • Network Selection
      • Charts
      • Swap/Trade
      • Stop Loss/Limit Orders (Coming Soon)
      • Launchpad
      • Multi-Chain Bridge
      • Hyper Pools
        • How Do Hyper Pools Work?
        • How Do I Enter Hyper Pools?
    • MultiChain DEX
      • Token Swaps
      • How to Trade
      • Liquidity Pools
      • How to Add/Remove Liquidity
    • Sphynx Labs Crypto Debit Card
    • Sphynx Pay For Business
    • Hyper Pools
      • How Do Hyper Pools Work?
      • How Do I Enter Hyper Pools?
    • Sphynx Pad
      • The Features
      • Tier System
      • Other Features
      • Comparison
      • Advantages
      • Fees
    • Sovereign Sphynx Council
      • Satoshi Sphynx (ORDINALS)
      • Genesis (ETH)
      • Scion (BSC, CRO, ETH, BRISE, MATIC, LOOP)
      • Aegis (Universal)
    • Sphynx Bridge
      • How to Use the Sphynx Bridge
      • Add Bridge LP
    • NFT Marketplace
  • SERVICES
    • Staking & Farming Pools
    • NFT Staking Pools
    • Multichain Bridge Creation
    • Full Blockchain Integration
    • Project Incubation (Sphynx Labs Hub)
    • Pools Onboarding on Sphynx Labs
  • Partnerships
    • Call Channel Partners
    • Bitgert
    • Chainlink
    • CertiK
      • General Marketing
    • Blockchain NZ
    • OKX Chain
  • Contact Us
    • Business Partnerships
    • Social Accounts & Communities
    • Customer Support
  • Tokenomics
    • $SPHYNX
  • Coming Soon
    • Sphynx TV
    • Bonding
      • What is Protocol Owned Liquidity
      • How Can Sphynx Labs Benefit From a POL Model
      • POL Benefits
    • Limit Order/ Stop Loss
    • Wallet Extension
Powered by GitBook
On this page
  • What is limit order?
  • What is the fee of Limit Order/Stop Loss?
  • How could I create the limit order/stop loss?
  1. Coming Soon

Limit Order/ Stop Loss

Integrated using Chain Link Smart Contracts

PreviousPOL BenefitsNextWallet Extension

Last updated 1 year ago

Sphynx Labs gives traders in the DeFi space an extra edge by allowing them to apply Limit and Stop loss orders on all BEP20 and ERC20 tokens through the Sphynx Labs dAPP.

What is limit order?

A limit order is an exchange order that allows traders to purchase or sell a cryptocurrency at a specified price or better. Investopedia says, "A limit order will only be executed at the limit price, or a lower one; when selling, the order will be executed only at the limit price or a higher one.”

What is the fee of Limit Order/Stop Loss?

Fees for the BSC: 0.01 BNB or 100 Sphynx BSC tokens

Fees for the BRC: 1 Sphynx BRC token

Fees for the CRO: 1 CRO or 500 Sphynx CRO tokens

Orders expire after 30 days if they are not met.

Follow the instructions below on how to place limit orders.

How could I create the limit order/stop loss?

Stop loss and limit orders are placed within the Sphynx Labs dAPP application at www.thesphynx.co

Select tokens you want to sell & buy and the amount. For example, if you want to sell 1WBNB and buy 25000 SPHYNX with it.

The order is executed when 1WBNB can be swapped more than your order amount automatically. And the swapped amount is sent to your wallet. To create an order, you need to approve a limit order contract to send your assets and then create an order.

For any questions, feel free to join our support or main Telegram channel.

Main Telegram:

https://t.me/sphynxlabs