Limit orders allow you to set a future price at which you want to buy or sell an asset.
This “limit” price is entirely determined by you. So when you place a limit order, your trade will only be executed if the respective asset’s (cryptocurrency’s) market price reaches your set limit price (or better). With NBX, you can set both limit buy and limit sell orders. This means that, overall, you may use limit orders to buy at a lower price or to sell at a higher price than an asset’s current market price.