Essentials – Market Order

What is a Market Order?

A market order is an order to buy or sell a cryptocurrency at the current market price. The goal of a market order is to
quickly execute the trade and take advantage of current market conditions. This order is performed immediately, and the
investor cannot specify a specific price for the transaction.

Volven has adjusted the market order slightly by adding a price limit to safeguard crypto traders. Instead of sending
the buy or sell order with no limit, we send it with a +5% or -5% limit. This avoids scenarios when the order book is
light and clients risk trading at extreme levels.

How to create a Marker Order in the Volven terminal.

Alternative 1:

1. From the Ticker view:
   1. Select the Symbol you would like to trade
   2. Drag and drop the symbol to the “Market” Icon
      
2. Inside the Limit Order Panel, fill in your desired
   1. Side (Buy or Sell)
   2. Size

You may also use the sliders to adjust Size.

Alternative 2:

1. From the Ticker View
   1. Click on the “Market” icon
      
2. Inside the Market Order Panel, fill in your desired
   1. Account
   2. Exchange
   3. Product
   4. Side
   5. Size

You may also use the sliders to adjust Size.

Let’s explain a buy example with the following parameters:

Symbol: BTC/USDT

Size: 0.02