What is a Market Order?

What is a Market Order?

A market order is ideal when you want to place an order to buy (Bid) or sell (Ask) an asset at the best price. If you place a market order, your order is immediately matched with an order to buy or sell at the best available price on the order book. Placing a market order means you accept the risk of buying or selling at the best available price on the order book.

Keep in mind
When using the market order function, check the order book first, then execute the order. This will help prevent a discrepancy in the price you’re expecting to buy or sell at.

Now, shall we hop on to How to make a Market Order on Zipmex platform?