What is market order?

This order type allows immediate purchase or sale of crypto assets at the best available price in the market. Its advantages lie in the order being a fast and immediate execution. However, the execution price may differ from the price displayed when the order is placed, especially if the market is highly volatile.

Example:

For example, you want to buy 1 BTC at the current market price of IDR 650,000.00, if you use a market order, your order will be executed immediately at the best available price.

Result: Your order will be executed at Rp650,000,000 but the unit volume you will receive may be less than 1 BTC.