📌 Thread #10 – What is a Market order on Binance? ⚡️

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We continue learning to use Binance step by step.

You already know the Limit order, now it's time to talk about the Market order, the fastest and simplest.

Ready to understand how it works? Let's go! 🧵👇

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🟢 What is a Market order?

It is an order that is executed at the current market price.

You do not choose the price, but rather you buy or sell at the best available price at that moment.

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📌 Practical example:

You want to buy $50 in BTC.

With a Market order, Binance immediately looks for someone selling it and executes the purchase instantly.

Fast, without waiting.

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✅ Advantages:

• Executed immediately.

• Ideal when you need to enter or exit the market right away.

• Very easy to use for beginners.

❌ Disadvantages:

• You do not control the exact price.

• There may be slippage if the market is very volatile.

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🔁 When to use a Market order?

• When you do not mind paying a little more to execute quickly.

• When the market is moving strongly and you want to act without delay.

• To avoid missing out on an opportunity.

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🛠️ How to place a Market order on Binance?

1. Go to “Trading” → “Spot”

2. Choose the pair (for example, BTC/USDT)

3. Select “Market”

4. Enter the amount to buy or sell

5. Click on “Buy” or “Sell”

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🎯 In summary:

A Market order is fast, simple, and useful when you want to execute without complications.

It is not for those who want the “best price,” but rather for those who need speed.

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📚 Did you understand, buddy?

Tomorrow I will teach you about the Stop-Limit order, perfect for protecting yourself or entering at key levels.

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