What is market order in BuyUcoin

Modified on Fri, 04 Feb 2022 at 06:40 PM

Cryptocurrency trading is a volatile market with erratic fluctuations that can occur in a short period of time. 


BuyUcoin uses the Market order mechanism on its platform to give traders and investors more control over their trades and investments while reducing or eliminating the risk of losing money. 


In cryptocurrency trading, a market order is an exchange order that will buy or sell your crypto assets at the current market price. 


This means if the seller chooses to proceed with a market order, the order will be executed at the current price on the crypto market. 



This exchange order is typically used when the buyer or seller wishes to fill the order at any cost.

When this method is used correctly, it can help traders significantly reduce their losses, especially when the price of a crypto asset drops or rises unexpectedly.

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