What is Market Order?
Market Order enables users to buy or sell at the current, best available price.
After submitting your Market Order, the Exchange will automatically choose the best available buy/sell rate from the Order Book to match your order. The order is usually traded immediately, unless there are no buyers or sellers trading at that time.
For example, Mr. B wants to sell 1 HCN immediately at the current market price of 0.15 HDO. Mr. B, therefore, created a market order to sell 1 HCN. The Exchange then immediately sells his HCN at a price of 0.15 HDO.
• Enter the amount of HDO you wish to spend or the amount of HCN you wish to buy or sell.
• The Exchange will calculate the amount of HCN that you will receive based on the HDO that you wish to spend OR the amount of HDO you need to spend based on the amount of HCN you wish to buy. (The trading fee will be calculated and deducted for you).
• Click BUY.
You can check your order status by going to ""OPEN ORDERS"