Market Order pertains to the purchase or the sale of a digital currency within an exchange at its present, most viable value. Also called “Market Buy” or “Market Sell”, Market Order is basically an instruction to buy or sell on trading markets such as Stocks, Bonds, Commodities, Financial Derivatives, or Cryptocurrencies. These instructions may be simple or complicated. Orders may be sent to a broker or to the market directly.

Market orders are filled in light of buyers and sellers’ willingness to trade. This is in contrast with the Limit Orders wherein a cryptocurrency is sold within a pre-determined price.

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