Using Limit Orders

By default, Polymarket uses Market Orders (buy immediately at the best available price). However, you can use Limit Orders to set a specific price target.

When to use Limit Orders?

• Price is too high: The market is at 65¢, but you only want to pay 60¢.
• Large Size: You want to buy $10,000 worth but don't want to suffer slippage.

How to Place a Limit Order

1. In the trading panel, look for the order type dropdown (default is "Market").
2. Select Limit.
3. Limit Price: Enter the price you are willing to pay (e.g., 0.60).
4. Amount: Enter how many shares (or USDC) you want.
5. Click Buy.

What happens next?

• Your money is moved to the Order Book.
• Your order sits there until someone else agrees to take that price.
• It may never fill if the market price moves away from your target.
• You can Cancel your open orders at any time from the Portfolio -> Open Orders tab.

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