A market order is an immediate buy or sell order at the best available price. It executes against existing limit orders, requiring sufficient market liquidity. Unlike limit orders that wait for execution, market orders are filled instantly. This often results in "slippage," where the actual price is higher than the current market price. Market orders are suitable when speed is prioritized over price, making them suitable for time-sensitive trades.

I'm driven by goals, passionate about crypto, and active in trading. I aim to connect with like-minded individuals.

🎩$Degen Tips are now officially on the Degen Chain🎩

Check your Tip activity in the Tip Explorer👇
https://tipexplorer.lum0x.com/cast-detail/0xbb594cd311b4f408582948f5545b05837de667c9