Market Order
Table of contents
A Market Order is a type of trade instruction to buy or sell an asset immediately at the best available price in the market. It’s the fastest way to execute a trade.
How It Works
Unlike limit orders, market orders don’t wait for a specific price. They prioritize speed over precision, making them ideal for liquid markets where price slippage is minimal.
In Crypto Trading
Crypto traders use market orders when they want quick execution, especially during volatile swings. However, in low-liquidity environments, this can result in less favorable prices.