What is a Market Order in Crypto Futures?

Market Order Long allows you to buy at the current market price. This order will be matched at the best available price in the market.

• If you open a Long Order (Buy), your order will be matched with the best Ask price available on the market.
• If you open a Short Order (Sell), your order will be matched with the best Bid price available on the market.

Example: Suppose you want to open a Long position using a Market Order at 0.001 BTC, and the current market price is ₮105,000, your order will be automatically executed at that time at the best price in the market. The nominal contract that you will get will also adjust to the price of the order that was successfully executed.

Meanwhile, Market Order Short allows you to sell a contract at the current price at the best price on the market.

Example: Suppose you want to open a Short position using a Market Order at 0.001 BTC and the current market price is ₮105,000, your order will be automatically executed at that time at the best price in the market.