Market Orders

A Market Order is an instruction to buy or sell immediately at the best available price in the order book.

When to Use?

  • When you want your order to be executed instantly.

  • Suitable for entering or exiting a position quickly, regardless of slight price changes.

Key Points

  • Execution is guaranteed, but the price may vary slightly due to market liquidity (slippage).

  • Best for urgent trades, not for precise price control.

How to Avoid Slippage Risk When Using Market Orders?

  • On the Futures Order Placement page, select the token you wish to trade.

  • After confirming the trade direction, choose Market Order.

  • Enter the order quantity.

  • Click Max Slippage Setting, then enter the maximum slippage you are willing to allow.

  • Click Submit to save the setting.

  • Confirm the order.

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