What you need to know before investing with market orders

Modified on Wed, 08 May 2024 at 05:28 PM

When to not use market orders?

There are 3 main situations when you may need to consider investing by using other types of orders instead of market orders.

1. Newly listed tokens: The price may be highly volatile and you may end up buying at a very high price.

2. Tokens with low liquidity

3. Setting a market buy or sell order with a big amount of funds as you may end up buying at a high price (when you could buy cheaper) or selling at a lower price than it could be.

To learn more about order types in Bitkub, please click here.

**Remark: Cryptocurrency is considered a high-risk asset. Please do research and invest wisely.

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