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Market Order

An order to buy or sell cryptocurrency immediately at the best available current price.

beginner
trading

Explained Simply

A market order executes instantly at the current market price. You get speed and certainty of execution, but the exact price may differ from what you see (slippage), especially for large orders or illiquid markets. Market orders typically incur higher fees (taker fees) than limit orders. Use market orders when you need immediate execution and the asset is liquid. For large purchases, consider splitting into smaller market orders or using limit orders to get better prices.

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This content is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified professional for advice specific to your situation.