2. Market Order
A market order is a type of order that is given by simply
specifying the order amount. The best buy or sell price in the order book is
determined as the price at which your order will be executed. If there is not
enough depth to cover your buy order at the best price, the rest of your order
will be executed at the next best price. Market order allows you to trade
quickly without wasting time with small price fluctuations. The fields you need
to fill in the market order type are as follows.
- Amount: Indicates the number of cryptocurrencies you want to
- Total (approximate): It refers to the total transaction
amount calculated approximately according to the amount you have determined and
the current price of the cryptocurrency.
3. Stop Order
A stop order is a type of order that allows conditional
orders to be entered, which are generally used to make less loss or protect