> For the complete documentation index, see [llms.txt](https://holoscope-trade.gitbook.io/holoscope/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://holoscope-trade.gitbook.io/holoscope/product/orders-and-bids.md).

# Limit Orders and Bids

A limit order waits for a listing at your price. A bid offers a price on a specific card, whether or not its owner has it listed.

## Limit orders

Set a price and HoloScope watches new listings for you. When a match appears at or under your price, it rechecks the listing onchain and tries to buy it from your wallet. You pay only when the order fills.

Each order lets you choose:

* **Scope:** any copy of that card and grade, or one specific listing.
* **Marketplaces:** which connected marketplaces it can buy on.
* **Copies:** from 1 to 10.
* **Expiry:** 1 day, 7 days, 30 days, or good until cancelled.

You can edit or stop an order at any time from the Orders window in the footer.

Keep enough USDC in your wallet for the fill and its fee. An order can miss a listing if another buyer gets there first.

### Open order limits

An account can hold **5 open limit orders**. Once $HOLO is live, [holding it](/holoscope/ecosystem/holo-token.md) will raise that limit to as many as 50.

### Alerts that buy

Attach a limit price and spend cap to an [alert](/holoscope/product/alerts.md), and matching cards are bought within those limits, even when you are away.

### $HOLO priority fee

The order ticket has a priority field for $HOLO. When matching orders compete for the same listing, the order with the highest priority goes first.

The plan is for this fee to be collected only when an order fills and then burned. Unfilled orders would pay nothing. **$HOLO is not live, so no priority fee is charged or burned today.**

## Bids

Bids go through the marketplace's own offer system, alongside offers made anywhere else.

|           | Collector Crypt | Phygitals | Beezie |
| --------- | --------------- | --------- | ------ |
| Bids      | Yes             | Yes       | No     |
| Auto-bids | Yes             | No        | No     |

When you bid, your USDC moves into the marketplace's escrow. It comes back if you cancel or the bid expires, and it pays for the card if the owner accepts. HoloScope's fee applies only when a bid fills.

You choose how long a bid stays open: 1 hour, 6 hours, 1 day, 3 days, or 7 days. Collector Crypt has a $1 minimum.

The Bids window in the footer shows your open bids, where you can raise or cancel them. The deal page's Offers tab shows the competition.

### Accepting an offer

On your own card, each offer in the Offers tab has an **Accept** button. It opens a confirmation showing the offer, each fee by name, and what you will receive. Nothing is sent until you confirm there. One transaction from your wallet accepts it; a card listed on that marketplace is delisted in the same step. An offer HoloScope cannot accept for you links to its marketplace instead. The fees are in [Fees and referrals](/holoscope/ecosystem/fees-and-referrals.md#accepting-an-offer).

### Auto-bids

An auto-bid defends your position on Collector Crypt. You set a maximum and a step:

* When someone outbids you, it jumps to their price plus your step, and never above your maximum.
* Past your maximum, it tells you once and leaves your bid where it is.
* **Rebalance** is optional. It also brings your bid back down when the competition drops, but never below your first bid.
* The bid's deadline is set once and doesn't reset when the bid moves.

Each rebid cancels and replaces the offer onchain. Other bots on these markets also react within seconds, so set a maximum you are happy to pay.

Bids on [live pack pulls](/holoscope/product/hyperscope.md#live-pulls) work a little differently and are covered on the HyperScope page.


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