How to Place a Limit Order on GroveX

Applies to: Web & Mobile App (Spot market)

A limit order lets you set the exact price you want to buy or sell. The order will only execute at your price or better. If the market never reaches your price, the order remains open until you cancel or it expires (if an expiry is shown).

Before You Start

• Funds ready: Have the asset you want to sell (base) or the quote asset (e.g., USDT) to buy with.

• Fees: Spot trading fee typically 0.1% (see latest: grovex.io/en_US/fee).

• KYC: Crypto-to-crypto may not require KYC by default, but we may request KYC anytime for security/compliance.

Quick Steps (Web & App)

1. Open Trade

   • Go to Trade → Spot.

2. Choose a Pair

   • Search/select the market (e.g., BTC/USDT).

3. Select Order Type

   • In the order panel, choose Limit.

4. Set Your Price

   • Enter the Limit Price (the price you want to buy/sell at).

   • Tip: Click a price on the order book to auto-fill.

5. Enter Amount

   • Buy: Enter the amount of base you want (e.g., BTC).

   • Sell: Enter the amount of base you’re selling.

   • Use 25/50/75/100% shortcuts if available.

6. Review & Place Order

   • Check total and fee estimates.

   • Click Buy or Sell to submit.

7. Track & Manage

   • See Open Orders to monitor status.

   • You can Cancel or Edit/Replace (cancel then resubmit) anytime.

   • Filled trades appear in Order/Trade History; balances update after fills.

How Limit Orders Work

• Price control: Executes only at your limit price or better.

• Partial fills: If only part of your size is available at your price, you’ll get a partial fill; the remainder stays open until more liquidity appears or you cancel.

• Stay open: If price isn’t reached, the order remains open (until you cancel/expiry if shown).

Tips for Better Fills

• Use realistic pricing: Set your limit close to the current market for higher fill probability.

• Watch the spread & depth: Tighter spreads and deeper books fill faster.

• Avoid fat-finger errors: Double-check decimals and size before submitting.

• Update proactively: If the market moves away, consider cancel & replace at a more competitive price.

Common Issues & Fixes

Order not filling

• Your limit is too far from the current market. Move it closer or wait.

• Liquidity may be thin; consider reducing size or splitting orders.

“Insufficient balance”

• Reduce size, or transfer funds to Spot wallet. Confirm correct asset/network on deposit.

Can’t place order

• Refresh page / update app. Disable VPN if needed. Confirm the pair isn’t under maintenance.

Unexpected partial fill

• Normal behavior when only part of your size is available. Remaining size stays in Open Orders.

Best Practices & Safety

• Enable 2FA in Settings → Security.

• Verify the domain grovex.io and the app publisher.

• Start with a small test order on new pairs.

• Remember: markets are volatile—only trade what you can afford to lose.

Need Help?

• Submit a ticket: https://grovexcom-help.freshdesk.com/support/tickets/new

• Email: support@grovex.io

• Live Support: Available in-app