What are market orders and limit orders?
PreviousWhat should I do if I can't find the cryptocurrency I want to trade?NextWhat fees are associated with Swap transactions?
Last updated
Last updated
A market order is an instruction to buy or sell a token immediately at the current market price. It's executed quickly but doesn't guarantee a specific price. This type of order is suitable when speed is more critical than price.
A limit order is an instruction to buy or sell a token at a specific price or better. You set the maximum price you’re willing to pay, or the minimum price you’re willing to accept. The trade will only execute if the market price reaches your set limit.