What is a market order for buying a coin?
A market order for buying a coin is an order to immediately purchase cryptocurrency at the current market price.
The main advantage of this type of order is the immediate execution, which is important in volatile conditions.
However, itâs worth noting that the price may change during the process, making the final purchase price unpredictable.
đ” Advantage: Quick execution.
đ” Disadvantage: Inability to control the exact price.
A market order is suitable when the speed of the transaction is more important than the exact price.
