> For the complete documentation index, see [llms.txt](https://kayen-finance.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://kayen-finance.gitbook.io/docs/kayen-finance-user-guide/dex/trade/limit.md).

# Limit

A limit order is a trading instruction that tells Kayen Finance to buy or sell tokens only when a specific price condition is met.

Unlike a swap, which executes immediately at the best available price in the market (also called "market order"), a limit order will wait until the market price reaches the trader’s target. The waiting time can be sometimes seconds, sometimes days.

Limit orders are a powerful tool for traders who prioritize precision and price control over immediate execution.

{% hint style="info" %}
The minimum trade size is $20.
{% endhint %}

## Step-by-Step Guide

{% stepper %}
{% step %}

### Connect to Kayen Finance

Go to [https://app.kayen.finance](https://app.kayen.finance/) and make sure that your wallet is connected. If not, see [Connect](/docs/kayen-finance-user-guide/connect.md).
{% endstep %}

{% step %}

### Open the "Limit" interface

By default KayenFi displays the "Swap" interface. Click on "Limit" to change the main form.

<img src="/files/2fcf2ebfe539318b0c7fb7c786082fb15f6563f9" alt="" width="375">
{% endstep %}

{% step %}

### Select both tokens

By default the form displays CHZ as a "Sell" token, and nothing as a "Buy" token. Make sure to select a token for both selector, so that KayenFi can make calculations.

<img src="/files/cb02c2676573d2e54cf03a91458661283916b751" alt="" width="375">

If you want to invert the buy/sell tokens, click the arrow at the center of the form.
{% endstep %}

{% step %}

### Build your limit order

With both tokens selected, you can enter amounts and read through the interface.

For instance: "When 1 CHZ is worth 5% more than the market price of PEPPER, sell 100 CHZ to buy 4,295,826,011 PEPPER, within the next month".

<img src="/files/a61b63cd193a94d6ed7b00812a954ce19adcf139" alt="" width="375">

You can and should set up your order limits in accordance with your goals.
{% endstep %}

{% step %}

### Trigger the limit order

Once you are happy with your selection, click the "Limit trade" button (which only appears if you reach the indicated minimum USD amount).
{% endstep %}

{% step %}

### Confirm in your wallet

Your wallet should open with a confirmation window. Click "Confirm".
{% endstep %}

{% step %}

### Transaction complete

Congrats! Your wallet should now display a successful transaction.
{% endstep %}
{% endstepper %}