Go Limitless with Limits
🐻 How to Use Limit Orders on Bera Book 🍯
Welcome to the wonderful world of Bera Book, Berachain’s ✨bear-y✨ own white-label order book DEX! Whether you're here to stack 🍯HONEY🍯 or trade your precious BERA tokens 🐻, this guide will help you master limit orders like a pro. Get ready to trade smarter, avoid pesky frontrunners, and have fun doing it—all while supporting your favorite Berachain-powered marketplace!
🧸 What’s a Limit Order, Anyway?
A Limit Order is like telling the market, “I’ll trade my BERA or HONEY, but only at my price or better. Take it or leave it!”
Here’s why limit orders are so cool:
🐾 Price Control: You decide the exact price to buy or sell. No surprises!
🐾 Stay in Control: If no one’s ready to trade at your price, your order sits patiently on the order book until it’s matched.
🐾 MEV? Not Today, Satan! Limit orders on Bera Book are MEV-resistant, meaning no sneaky frontrunners can mess with your exchange rate.
🐝 How to Place a Limit Order on Bera Book
- 🐾 Step Into the "Limit" Zone:
- Click the Limit tab on the Bera Book platform (berabook.fun).
- 🍯 Pick Your Pair:
- Choose the trading pair. Let’s say you want to trade BERA/HONEY—you’re swapping bear vibes for sweet liquid gold.
- 🛠️ Set the Details:
- Price: Tell the system the price you’re willing to trade.
- Amount: How much BERA or HONEY do you want to trade? Type it in!
- 📬 Optional: Post Only Mode:
- Want to make sure your order just chills on the order book and doesn’t match immediately? Check the Post Only box!
- 🎯 Confirm and Send It!
- Double-check your order details, and when you’re ready to roar, hit that submit button.
🦴 What Happens Next?
- Instant Match (Maybe):
- If someone’s already offering a match at your price, the trade happens immediately (woohoo 🎉).
- Chill on the Order Book:
- If no one’s ready to trade at your price, your order stays on the order book, waiting for a honey-loving taker 🐝.
- Check Your Orders:
- All your active limit orders live in the Open Orders section. Don’t forget to visit them!
💎 Why Use Limit Orders on Bera Book?
🐾 Full Price Control: No more getting rugged by volatile prices—your trades happen exactly at your preferred rate or better.
🍯 MEV-Resistant Magic:
- Limit orders are immune to those pesky frontrunners who might try to mess with your exchange rate.
- Your trades are pure, unmanipulated, and 100% ✨Berachain-approved✨.
🐻 Support the Bear Ecosystem:
- By placing limit orders, you contribute to Bera Book’s liquidity, helping fellow bears enjoy smoother trades. High paws all around!
🐾 Proceeds and Claims
- 🧸 Partial and Full Fills:
- Your order can be:🐾 Fully Filled: All done, honey secured!🐾 Partially Filled: Part of your order matches, while the rest waits patiently.
- 🍯 Claim Your Sweet Rewards:
- Proceeds from filled orders aren’t automatically sent to your wallet.
- You’ll need to manually claim them (but hey, it saves on gas fees!).
- 🚪 Cancel Anytime:
- If you cancel a partially filled order, you get:🐾 The matched portion as traded assets.🐾 The unmatched portion refunded back to you.
🐻 FAQ (Frequently Asked Bear-estions)
1. What happens if I set a crazy price for my limit order?
- Don’t worry, buddy! Your order will sit on the book until someone matches it—or until you cancel it.
2. Why do I have to claim my proceeds manually?
- To save on gas fees! Bera Book keeps things efficient, so you get to claim on your schedule.
3. Can I cancel an order halfway through?
- Absolutely! You’ll keep what’s filled and get the rest refunded.
4. What’s this “Post Only” thing?
- It’s like saying, “Just put me on the order book, don’t match me right away.” Great for adding liquidity without taker fees!
5. Why is MEV resistance such a big deal?
- Because it keeps the market fair! No sneaky frontrunners stealing your honey 🍯. Your trades happen exactly as you planned.
🐝 Final Thoughts
Trading on Bera Book isn’t just smart—it’s fun, secure, and 100% bear-approved 🐻✨. With limit orders, you:
- Control your trades like the alpha bear you are.
- Protect yourself from MEV shenanigans.
- Support the Berachain community with every order.
Now go forth and trade BERA, HONEY, or whatever tickles your bearish fancy! And remember, the hive 🐝 is always here to help. Let’s make some honey together! 🍯