The terminal decided to follow the path of improving the trading tools that have been known for a long time. In particular, they touched on the order system.
So what did they come up with? 3 types of limit orders within the Kattana terminal, which will certainly make your DEX trading more effective.
1]
Limit market order
A limit market order is a conditional order, where the user sets the desired sell/buy price, and when that specified price is triggered the asset is sold/bought at the market price.
This type of order allows you to pin down the desired sale or purchase price. This minimizes the risks and allows you to participate in trading more confidently.
2]
Limit order
A limit order is a conditional order, where the order to buy/sell assets are set at a price that’s no higher/lower than specified.
It is usually used more often by arbitrage traders.
3]
CE-DE limit order
A CE-DE limit order is a symbiosis of decentralized and centralized environments, whereby simply using a button, users will have the possibility to buy/sell the specified asset on a centralized exchange without having to make a deposit on that exchange and to make exchanges at a substantial high pace with no extra steps.
Just think what a freedom it is. This is where Kattana shows its innovation. This is really cool and eliminates a lot of unnecessary actions.
This is only part of what will be implemented in Kattana. This is a real godsend for traders. Give this project time and it will make itself felt by everyone around.
In Kattana, there are still a lot of features and benefits that you can learn about on the website https://kattana.io/ and in the blog https://kattana-trade.medium.com/
