Market orders are when you specify only the amount you wish to trade. The order executes immediately at the best available prices in the market. In other words, the market order matches with existing orders waiting in the order book.
Note
A market order is always a taker order. If you place a buy order at the same price, or at a price above any pending sell orders, and it is filled immediately, your buy order is considered a taker order.
Here’s how to use market orders
On mobile:
- On the top left-hand corner, select the trading pair you want to buy
- Select BUY
- Select Market
- Enter the amount you want to buy
- Confirm your order by selecting BUY
On the web:
- On the top left-hand corner, select the trading pair you want to buy
- On the right-hand corner, select Market
- Enter the amount you want to buy
- Confirm your order by selecting BUY
Tip
Curious about our other order types? Great! Find out more about limit orders and stop-limit orders.