Financial NewsLimit Orders are now available on PlasmaFinance

Limit Orders are now available on PlasmaFinance

New York, 19 May 2021, ZEXPRWIRE, DeFi aggregator PlasmaFinance introduces an industry-first Limit Order functionality for its native DeFi DEX, PlasmaSwap, which allows users to swap at precise price points, opening the way for safer, stress-free DeFi trading.

For the first time ever, DeFi traders on PlasmaSwap can now trade digital assets as if they were using a conventional exchange, setting the precise entry and exit points to buy or sell tokens at their preferred price.

This is made possible through the Limit Order feature just released on PlasmaFinance, the all-in-one DeFi dashboard that connects seamlessly to all the major DeFi platforms to help you make the most out of their DeFi experience. DeFi traders can now enjoy a crucial feature that traditional crypto traders on centralized exchanges have used for years to professionalize and automate their trading experience.

Best of all, because PlasmaFinance is also a DeFi aggregator, it integrates major DEX protocols like Uniswap. Currently, this Limit Order feature will only work on PlasmaSwap but Limit Order integration for Uniswap will soon be possible if accessed via the PlasmaFinance dashboard, and will eventually work for all other protocols integrated (including Sushiswap and BSC-based DEXs).

Regular market orders are still possible but users can now choose two types of Limit Orders for PlasmaSwap:

  1. A buy limit order that executes only at the limit price you set or lower, if available.
  2. A sell limit order that executes only at the limit price you set or higher, if available.

Users simply need to select the assets they want to trade, adjust the rate and output desired, and submit their Limit Order. The tokens or assets they wish to exchange are then locked into a smart contract that will automatically execute the trade if desired conditions are met OR until the user themself cancels the Limit Order. The user doesn’t even need to be online for this trade to happen once the Limit Order has been submitted.

For a full explanation and detailed step-by-step guide, please read this blog post on Limit Order functionality on the PlasmaFinance blog.

About PlasmaFinance

PlasmaFinance is a DeFi dashboard that aggregates the most popular decentralized finance protocols from multiple blockchains. The PlasmaFinance platform provides the industry’s most robust analytics, easy-to-use tools and access to the most profitable DeFi yields across any protocol.

PlasmaFinance incorporates a suite of DeFi products including its own PlasmaSwap DEX, advanced trading and gas optimization tools, fiat on/off ramp for DeFi as well as an IDO launchpad, SpacePort.

Visit the PlasmaFinance Website: PlasmaFinance 

Follow PlasmaFinance on Medium

Follow PlasmaFinance on Twitter

Join the Telegram Community

Media Contact

Company Name:-PlasmaFinance
Email:-[email protected]
Company Website:-https://plasma.finance/

The post Limit Orders are now available on PlasmaFinance appeared first on Zex PR Wire.

Latest news

ShipFinex: A Real-World Asset Tokenization Protocol Now Regional Champions of Startup World Cup Pitch Competition

Dubai, UAE, Nov 15, 2022, ZEXPRWIRE, One of the most promising properties of blockchain has been the ability to...

The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.” Beverly Hills, California, Nov 14, 2022, ZEXPRWIRE, An incredible milestone for the Oduwa community;...

Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023

THE WORLD ENVIRONMENT, SOCIAL & GOVERNANCE SUMMIT “Leading the future through Environmentally Sustainable Growth”Dubai, UAE, Nov 7, 2022, ZEXPRWIRE,...

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG  Governance for the Financial Industry “at Singapore Fintech Festival 2022

Chairperson International Financial Services Centers Authority Injeti Srinivas was invited to deliver a keynote address on “ Policy Dialogue...

LedgerFi Appoints Dr Abdulrahmaan Al Ansaari as Chairman of the Board

Dubai, UAE, Nov 4, 2022, ZEXPRWIRE, LedgerFi IT Solutions, a Dubai-based web3 and blockchain company announced the appointment of...

ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you