What is Market Order?

Modified on Fri, 04 Feb 2022 at 05:40 PM

A market order is an order made to buy or sell a cryptocurrency as immediately as

possible. This guarantees that the order will be executed but does not guarantee the

execution price.




● A market order is generally executed close to the current bid (for a sell order) or ask (for

a buy order) price.


● Investors need to remember that the last traded price is not necessarily the price at which

a market order will be executed.

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