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Help Center > Overview > What are Market Orders? >

What are Market Orders?

Date: 2020-05-14 07:06:14

Market orders are one of the three types of orders that you can place on Phemex.com.

Market orders are performed immediately at current market prices. A user may prefer this option for urgent orders. We recommend paying attention to the order book when opting for this type of action. It is possible that a large market order may incur market-impact costs.


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