What is a market order? (Emirex.com)

It is an order to buy or sell a coin immediately.

This type of order guarantees that the order will be executed, but does not guarantee the execution price. A market order generally will be executed at or near the current bid (for a sell order) or ask (for a buy order) price.

Market orders are known for their simplicity, immediacy, efficiency, and ability to, in most cases, completely fill. However, market orders have the risk of slippage.

Note: It is important for investors to remember that the last-traded price is not necessarily the price at which a market order will be executed.

How to set a market order?

1. Log in to your account on Emirex https://emirex.com

2. Choose “Spot trade” in “Exchange” section

3. Press “Market order” button at the right bottom corner

4. Set an order by filling in the order form

5. You may also select to indicate the % of the funds that you want to spend for the order execution.

6. Once the order is set, it will be immediately executed and reflected in the “Order history”.

7. After the order is executed, the list of assets will be updated in the Portfolio section respectfully.

If you still have questions, please contact us, we will be happy to help!