Uniswap has launched a limit order feature on its web platform, without requiring any GAS fees.

BlockBeats News, on February 28th, Uniswap Labs announced the launch of the most widely used limit order feature in DeFi. Users can now set limit orders for any ERC-20 token on Ethereum on the Uniswap web application. The limit order is supported by UniswapX, which utilizes on-chain and off-chain liquidity, requires no GAS fees, and can be set for any exchange size without any minimum requirements. Limit orders allow users to automatically execute trades based on their desired price without constantly monitoring the market. When placing a limit order, users can set the price at which they wish to buy or sell tokens within a specific time range. If the market reaches the price specified by the user and UniswapX's "filler" accepts the user's exchange request, the order will be automatically executed with no GAS fees. If the order is not fulfilled within the user's specified time, it will expire without any fees. Users need to pay GAS fees to cancel limit orders.