Uniswap Introduces Limit Orders
Uniswap, the popular decentralized exchange protocol on Ethereum, has launched a new feature called Limit Orders. This allows users to set a desired exchange rate and duration for their token swaps, enabling them to buy or sell tokens at their preferred price without constantly monitoring the market. Limit Orders can be placed with zero gas cost, no minimum swap size, and no need to escrow funds upfront. The process is straightforward, involving selecting the 'Limit' tab, choosing tokens, setting the exchange rate and duration, and submitting the order.