# Token Installment Contract with Limit Price

## Overview

This feature on iFlux Global gives users flexibility and cost optimization by enabling them to open token installment contracts at a limit price. The token installment contract will be automatically executed once the market reaches the price users have specified for the token they wish to purchase.

## Key Features

* **Cost optimization:** Prevents buying tokens at a higher-than-desired price.
* **Automated execution:** The token installment contract is automatically executed once the price reaches the set level without requiring constant market monitoring.
* **Integration with the installment model:** Users can pay a small amount upfront and complete the remaining amount over time.

## How Does It Work?

1. **Apply for the Contract:** Users select the token they wish to buy and specify the limit price at which they want the purchase to be executed.
2. **Make an Upfront Payment:** A small percentage of the total contract value is paid upfront, securing the contract.
3. **Waiting for Price Matching:** The system continuously monitors the market price.
4. **Automatic Execution:** When the token price reaches the specified limit, the contract is executed.
5. **Repayment Process:** Users complete the remaining payments over the agreed installment period.
6. **Contract Cancellation:** If the market price does not reach the specified limit, users have the option to cancel the contract, and the upfront payment will be fully refunded.

## Comparison Between Market Price and Limit Price on iFlux Global

| **Criteria**          | **Market Price**                                | **Limit Price**                                              |
| --------------------- | ----------------------------------------------- | ------------------------------------------------------------ |
| Order execution speed | Immediate at the current market price           | When the market price reaches the preset level               |
| Execution certainty   | Guaranteed execution                            | Not guaranteed if price doesn’t reach the limit level        |
| Market conditions     | Works well in stable or fast-moving markets     | Best for fluctuating or downward-trending markets            |
| Suitable for          | Users who want to buy instantly without waiting | Users who want to optimize the price and are willing to wait |

Supporting limit price orders for token installment contracts on iFlux Global enhances control over purchase decisions and improves cost efficiency. This feature is ideal for investors seeking to optimize token purchase costs.

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