2. What are the advantages of limit orders on OKX DEX?

In fact, there are already many products on the market with limit order capabilities, such as TG Bot (Telegram robot) represented by GMGN and BananaGun, which are essential tools for veteran chain players.

However, the biggest problem with these trading tools is that they all require the custody of private keys, and are private key custody wallets.

Bots such as GMGN can realize limit orders, take-profit and stop-loss capabilities. The core is that these platforms help you generate wallets, and the private keys are managed by these applications. When the trigger conditions for the transaction are met, they use the private keys to help you sign and initiate the transaction.

Since the private key is not in the hands of the user but is placed in the server of the trading platform, the risk is very high. Once Bots such as GMGN are attacked by hackers, they may be wiped out. If the hacker gets the private key, he will get all the assets.