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How to place a market order on Klever Exchange?

How to place a market order on Klever Exchange?

by Jagdish Kumar
October 12, 2022
in Exchange, Global
Reading Time: 2 mins read
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Market orders are the easiest way to BUY and SELL orders. You can purchase or sell a token at the best price by using a market order.

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When you submit a BUY market order, you wish to purchase a specific number of tokens from the exchange at the best price that is offered. Similar to this, when placing a SELL market order, you wish to sell your tokens for whatever price potential purchasers are prepared to pay.

You don’t need to think about any special prices, as the order uses the last actual price on the market.

You just need to enter the amount of coins or token you want to buy or sell, and if you have sufficient funds the order gets immediately processed.

Learn how to use market order in Klever Exchange

Step 1: Login to your account

Step 2: Click on Trade tab, top left side of the exchange homepage

Step 3: Click on market to place the order

Step 4: Select BUY or SELL

Step 5: Select the amount you want to BUY or SELL

Step 6: Confirm your order by pressing the BUY or SELL button

Point to Note: Once you place a BUY or SELL order, it is immediately processed based on the order book on a real-time basis. You can end up selling your token at the lower price, if there isn’t enough liquidity. 

Sometimes, if you want to place an order and the BUY and SELL button don’t work; it means you have a lesser amount or token in your exchange account. 

Before placing a market order, always check your account holdings.

Tags: klever exchange
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Jagdish Kumar

Jagdish Kumar

Reporting & writing on crypto & blockchain for the past few years. A content eagle, journalist & writer with a passion to explore new technologies that can change human lives. Joined Klever to make Crypto simple. Follow me on Twitter @TokenBharat or email me at jagdish@klever.io

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