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the crypto market

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Market

A market order is an order to buy or sell a coin right away!

This type of order guarantees that the order will be executed, but does not guarantee the best or desired execution price!

A market order generally will be executed at or near the current bid (for a sell order) or ask (for a buy order) price.

Smart algorithmic orders, available on all exchanges in one interface

Market

A market order is an order to buy or sell a coin right away!

This type of order guarantees that the order will be executed, but does not guarantee the best or desired execution price!

A market order generally will be executed at or near the current bid (for a sell order) or ask (for a buy order) price.

Advanced trading terminal

Take Profit
Take Profit

Ensures you do not miss a profit at times when you can’t closely watch your trades

Stop Loss
Stop Loss

When the price falls, the system closes the transaction automatically

Trailing
Trailing

The feature that will follow the price and move your open order accordingly

OCO
OCO

Pair of trading orders, connected with a conditional link

Trading View
Trading View

Over 100 indicators and 50 smart drawing tools

100
mln orders
100mln orders
executed
since2017
2017
on 15+crypto exchanges

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FAQ

What is market order in trading?
In crypto trading, a market order is an instruction to buy or sell a cryptocurrency right away at the most favorable price currently available. This simple “buy now” or “sell now” order is the most basic and widely-used trade command. It prioritizes fast execution over locking in a specific price. When traders submit market orders, they are telling an exchange to make the trade as soon as possible based on the live market rate at that moment.
Why would you use a market order?
A market order’s appeal lies in its speed. It’s the fastest method to execute a trade when timing is more critical than price. It’s especially useful for swift liquidation in response to sudden market shifts. These orders are straightforward, eliminating the need to specify a price, making them accessible for all levels of traders. In high-volume, liquid markets, they often execute at prices close to the latest trade price, minimizing slippage risk. Remember, while market orders ensure execution, they don’t guarantee the execution price, which can be unpredictable in volatile or low-volume markets.
What are the disadvantages of a market order?
Market orders offer quick trades but come with risks. They don’t secure fill prices, which can differ widely in volatile markets due to slippage. In markets with low liquidity, you might face higher costs and varied fill prices, and large orders can even affect market prices unfavorably. The absence of a limit price can lead to trades at extreme prices during fluctuations. Additionally, the instant nature of market orders may encourage impulsive decisions without price targets, possibly leading to lower-quality trades. Market orders are most effective when speed is essential or for highly liquid assets, where the execution price is likely to be near the recent trading prices.
Which is better limit or market order?

The better order type — limit or market — depends on the trader’s goals, risk appetite, and current market conditions. Ultimately, the choice should align with your strategy and the specific trade scenario.

Market orders tend to work best when speed is critical, the asset is highly liquid with a tight spread, you’re trading low volumes unlikely to impact price, and current market pricing is favorable.

Limit orders allow price control and may be preferable if you can wait for your target price, the asset is illiquid with a wide bid-ask spread, you’re trading large sizes vulnerable to slippage, or you aren’t in a hurry to enter or exit.

Evaluating liquidity, volatility, trading size, and timing needs for each trade will determine when market orders or limit orders are optimal. Both order types have merits under the right circumstances.