Market Order

(Buy and Sell at Market Price)

- What is it?

An order to buy or sell immediately at the best available price in the current market.

- When to use it?

When you want to buy or sell as quickly as possible.

- Disadvantage: When the price is unstable, it can result in a price that is **worse** than expected.

- Example: If the current #bitcoin stock price is $104767, using a Market Order to buy or sell could result in $104000 (or) $1005000.