Limit order means you set a specific price at which you want to buy a cryptocurrency—usually lower than the current market price.
You can now place limit buy orders via the “Buy Crypto ” page to purchase crypto in your local currencies with your credit or debit cards.
Binance will monitor the market for you, and when the price reaches your target, the system will automatically execute your order at that price. This helps ensure that you buy at a price you expect.
Click to expand the below for app instructions:
1. Tap [Add Funds] - [Buy with]. Here you can choose which crypto to buy and the payment method.
2. Tap the top right button and switch to [Limit Buy].
3. You can place a limit order instead of buying at the current market price.
Here you can see the current price chart for the selected crypto.
Tap the edit icon to view historical price trends over 1 day / 1 week / 1 month.
4. Enter the Target Price at which you'd like to buy.
You can also tap the [↓5 %] button to auto-fill a price that’s 5% lower than the current market price—we will calculate it for you.
Additional notes:
The target price should be between 30% - 98% of the current market price, otherwise the system will display a message to adjust the target price.
5. If you've never added a card to Binance, tap [Add New Card] to continue.
6. Follow the instructions to enter your card details.
You can add up to 5 cards on your account at once.
7. Check the order details carefully and tap [Confirm].
Please note that:
8. If you're using a card for limit buy for the first time, you'll need to complete 3Ds verification.
Once completed, you’ll see a confirmation screen indicating that your order was placed successfully.
Note: If the price has already dropped to your target before you place the order successfully, your order will be auto-cancelled.
We recommend setting a slightly lower target price to avoid buying at a relatively high price, which may not cause losses for you.
To check your order at any time, go to [Trade] - [History] - [Buy] - [Limit Buy].
If you want to cancel the order, tap [Cancel Order] - [Confirm].
To learn more about buying crypto with cards on Binance, visit Credit/Debit Cards FAQ.