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 some research and invest wisely.
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