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How-To

How to Place Limit Orders on Polymarket

April 2026 · 4 min read

Polymarket's native interface only supports market orders — you buy or sell at whatever the current price is. If you want to get filled at a specific price, you have to watch the market and manually click at the right moment.

Miro Poly's Telegram bot changes that with native limit order support.

What Is a Limit Order?

A limit order lets you specify the exact price at which you want to buy or sell a position. Instead of executing immediately, the order sits open until the market reaches your target price.

Example: YES is currently trading at 62¢. You think it will dip to 55¢ before resolving. You place a limit buy at 55¢ — when the price hits that level, your position fills automatically.

Why Limit Orders Matter on Prediction Markets

Polymarket prices fluctuate significantly in response to news events. Traders who can react in real time — or set orders in advance — capture better prices than those manually watching markets.

Without limit orders, you are always buying at the current ask. With them, you set your price and let the market come to you.

How to Place a Limit Order with Miro Poly

  1. Open the Miro Poly Telegram bot
  2. Type /limit or tap the Limit Order button
  3. Search for the market by name or paste the Polymarket URL
  4. Select YES or NO
  5. Set your target price (e.g. 0.55 for 55¢)
  6. Set your stake amount in USDC
  7. Confirm — the order is now live

The bot monitors the market continuously. When your target price is hit, the trade executes and you receive a Telegram notification with your fill details.

Tips for Better Limit Orders

Tip 1: Use the Top Holder PnL panel first

Large holders often defend specific price levels. Check the Chrome extension's Top Holder PnL panel before setting your limit price — it often reveals where the smart money is positioned.

Tip 2: Set an expiry time

Miro Poly lets you set orders to expire after 1h, 4h, 24h, or at event resolution. An open limit order on a resolved market is a missed trade — always set an expiry.

Tip 3: Stack orders at multiple levels

Place limit buys at 55¢, 50¢, and 45¢ with proportional stake sizes. If the market drops sharply, you dollar-cost average into a better position than a single limit order would give you.

Getting Started

Install the Miro Poly Telegram bot at miropoly.vercel.app. Limit orders are available on the Pro tier.

Place your first limit order on Polymarket

Get Started Free →