A market order executes your trade instantly at the best market price available at that moment. You do not set a price; speed is the priority. This order type is available in both views of the buy/sell page and in the Easy Buy-Sell window.
When you place a market order, your trade is executed instantly at the best market price available at that moment. You do not set a price; the priority is speed. In busy market conditions the execution price may differ from what you expected. This order type suits people who care more about the trade being completed than about the exact price level.
On the buy/sell page, choose the Market order type in the order form and enter an amount to place your order. In a market order the price field shows Market and no price is entered. Your order matches instantly against the best prices in the order book.
Note: For a faster route you can open the Easy Buy-Sell window from Crypto buy/sell → Quick buy/sell in the top navigation. Every order placed from that window is processed as a market order
A market order is executed instantly at the current price, while a limit order is executed when the price you set is reached. With a market order the trade is largely certain to happen, but the execution price can change depending on the state of the order book. With a limit order you set the price yourself, but the order waits if no opposing order is available.
A market order matches the existing orders in the order book in sequence. If your amount exceeds the liquidity on the first row, it continues at the price on the next row. That is why your average execution price can differ from the price you saw when you placed the order.
No. A market order cannot be canceled because it is executed instantly at the best market price. You can view your transaction records in the Buy/Sell tab of the transaction history, which opens from the Transactions link on the wallet page.
Market orders are available in both the Paribu standard and Industry advanced views. They remain available even when the page switches to the mobile layout on a narrow screen. Every order placed from the Easy Buy-Sell window is also processed as a market order.
The Estimated fee row in the order form shows the approximate fee for the amount you entered. The exact amount is calculated when the trade is executed.