> For the complete documentation index, see [llms.txt](https://docs.pump-bot.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pump-bot.com/faq-questions-important-notes/limit-buy-orders.md). # Limit Buy Orders ### 1. Limit Buy Orders in general When you use the Limit Buy Order you will set a Parameter higher than 1.0. For example you use a buyLimit of 1.4 and a manualQuoted of 100 USDT. The Bot will calculate the Amount of Coins he can buy based on the current Price. For example the current price is at 10 USDT a coin. The Bot will calculate the maxium buy price which is 14 USDT. The next Step is to calculate how many coins can be bought with 100 USDT when the price is 14 USDT. The Answer is 7.1 Coins. So the Bot will place a Order for 7.1 Coins at the Exchange. You are lucky and the Order gets filled at a price of 11 USDT per Coin. The total sum for the 7.1 Coins is 78.1 USDT. So, that is the difference (100-78.1=21.9 USDT) which happens when you use a limit order. When you use a Market Order the complete amount will be filled. ### 2. The Exchange The Limit Orders are "IOC" or "FOK" Limit Orders. That means that they need to be filled within a short time. When there are no sellers, who sell there coins to you at your price (based on the buyLimit) the Exchange cant fill your Order! For every limit buy order there have to be sellers who are willing to sell their coins at the maximum price you defined. When there are not enough sellers the Exchange cant fill your full order amount. So the Exchange will fill what is possible. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.pump-bot.com/faq-questions-important-notes/limit-buy-orders.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.