Choose buy or sell
Confirm the direction before submitting the order.
MARKET ORDER GUIDE
IMMEDIATE EXECUTION / LIQUIDITY / SLIPPAGE
How does a crypto market order work?
A market order generally prioritizes immediate execution against the best available liquidity. It does not guarantee one exact execution price, so market depth, spread, volatility and order size all matter.
EXECUTIONLIQUIDITYSLIPPAGE
MARKET ORDER BASICS
Fast execution can involve price uncertainty.
A market order interacts with the liquidity that is available when it reaches the market. If the requested size is larger than the best price level, execution can continue across additional levels and change the average fill price.
Set the order amount
Larger orders may consume more available depth.
Available depth matters
Thin markets can produce more price movement during execution.
Bid and ask can differ
The gap between available buy and sell prices affects immediate execution.
Average fill can change
The completed order may have a different average price than the last displayed market price.
Check the result
Confirm fills, fees and resulting position after execution.
MARKET VS LIMIT
Choose between execution priority and price conditions.
MARKET ORDER
Prioritizes execution.
SPEEDUses available prices
The order seeks to execute without waiting for a specific limit price.
SLIPPAGEPrice can vary
Execution can cross multiple levels.
DEPTHLiquidity matters
Review market depth before large orders.
LIMIT ORDER
Prioritizes a price condition.
PRICETrader-defined threshold
The order waits for compatible pricing.
FILLMay not execute
The required price may never become available.
STATUSCan remain pending
Open orders should be monitored and cancelled when no longer wanted.
RELATED GUIDES
Understand execution before placing an order.
MARKET ORDER FAQ
Quick answers.
What is a market order?+
A market order seeks execution against currently available liquidity rather than waiting for a specific limit price.
Why can slippage happen?+
Price can move while the order is being processed, or the order may consume several levels of available liquidity.
Does a market order guarantee one price?+
No. The average fill can differ from the visible price before submission.
EXECUTION EDUCATION
Open HOODBTC Trade ↗Check liquidity before using immediate execution.
Review order size, spread and market depth before submitting a market order.