# Limit order to sell a team token

**Attention! All described rules for creating orders are applicable to both STEMX and SXUSD orders.**&#x20;

Let's create a limit order to sell the ARS token for STEMX.&#x20;

To do this, in the order creation form, select the direction - "Sell", and the order type - "[Limit](https://stemx.gitbook.io/stem-exchange-user-manual/glossary)". ![](https://4078324111-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F371dzyCXxTmRP3k38spo%2Fuploads%2FuNHPPJ1QijixD5sU2e6v%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202022-11-09%20%D0%B2%2018.46.55.png?alt=media\&token=1959f56e-b05b-41fc-bea2-3cf0139d2699)

We enter a price below which we are not ready to sell ARS tokens.&#x20;

Next, we can enter either the number of tokens that we are ready to sell, or the amount of STEMX that we want to receive for the sold ARS tokens - in both cases, the system will calculate the second parameter on its own.&#x20;

Suppose that at the current market rate of 29070.23 STEMX per unit of ARS, we are willing to sell for 29110.00 STEMX and not less than this price. For our example, we will enter the ARS volume - 0.01, and the system will calculate the STEMX volume.&#x20;

![](https://4078324111-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F371dzyCXxTmRP3k38spo%2Fuploads%2F9v8WwwMBv4BjzQKKPZ3a%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202022-11-09%20%D0%B2%2018.51.03.png?alt=media\&token=7f0d0c3d-98b9-4ea1-b4a2-d9f64c8f9e3f)

After creating an order, the volume of the token specified in the order will be debited from the ARS token wallet. The page will display notifications about the balance of ARS tokens in the wallet and about the successful creation of an order to sell tokens.

![](https://4078324111-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F371dzyCXxTmRP3k38spo%2Fuploads%2FaToiA8nhDFijSfGBgBTq%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202022-11-09%20%D0%B2%2018.52.11.png?alt=media\&token=0f40a731-423f-45c8-b315-15ddb712d86f)

The order can be seen in “Open Orders”. If there is such a need, an open order can be [canceled](https://stemx.gitbook.io/stem-exchange-user-manual/how-to-cancel-an-order).

<figure><img src="https://4078324111-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F371dzyCXxTmRP3k38spo%2Fuploads%2F9ZLBZyX7x2UadQjVfTQZ%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202022-11-09%20%D0%B2%2018.52.20.png?alt=media&#x26;token=6f23ebe1-8c3d-4309-aa3e-d7e1586a7f58" alt=""><figcaption></figcaption></figure>

After the order is executed, the funds from the sale of tokens minus the [commission](https://stemx.gitbook.io/stem-exchange-user-manual/exchange-commission) will be transferred to the trading account. The order will be moved to the “Executed orders” section, and the user will receive a notification about the successful execution of the order and about the change in the balance of the trading account.
