A market order buys or sells immediately at the best available price in the order book, prioritizing speed over price control.
Understanding market order helps you read prices and manage risk on any prediction market platform.
Example
A market order to buy 200 shares might fill 100 at 50¢ and 100 at 52¢ if that is all the liquidity available.
Market orders are convenient in fast-moving situations, but you trade certainty of price for certainty of execution.
Why it matters
Knowing how market order works lets you compare markets and avoid costly mistakes when trading.
Practical tip
Before trading, check how market order shows up on the specific platform you use, since interfaces and terminology can vary slightly between exchanges. Reviewing a few live markets is a quick way to see market order in action before risking real funds.