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What is Market Order?
Crypto Glossary Definition
An order that is executed immediately at the current market price. A market order is generally guaranteed to execute as long as there is any liquidity at all.
Why Market Order Matters
A market order executes immediately at the best currently available price, guaranteeing the trade completes but not the exact price you'll get — on a thin order book, a large market order can fill at a noticeably worse average price than expected (slippage).
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