Post Market Order

A market order is an order to immediately buy or sell cryptocurrency at the best available current price. 
Unlike limit orders, you do not specify a price when you place a market order. When you place a market order, it is matched with an existing limit order with the best buy or sell price at the time of the request. 
When to place a market order
Place market orders when you want your order to execute as soon as possible, regardless of the price.
Estimating a market order's fees
You can find out an estimate of how much placing a market order will cost you using the getProOrderFees mutation.
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query {
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  getProOrderFees(orderType: market_order, pair: btc_usdt, side: sell, amount: 10000){
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    fee
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    baseCurrencyTotal
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    quoteCurrencyTotal
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    price
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  }
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}
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Parameters
orderType: The type of the order either limit_order or market_order 
pair: The currency pair you want to buy or sell
side: The order side either buy or sell 
amount: The amount of the quote currency worth of the base currency you want to buy or sell
Response
fee: An estimate of the fees that'll be incurred when you place an order
baseCurrencyTotal: How much of the base currency you're purchasing.
quoteCurrencyTotal: How much of the quote currency is needed to purchase your specified amount of the base currency.
price: The current price (in the quote currency) of one unit of the base currency. Eg: For the btc_usdt pair, a price of 34977.7 means one BTC = 34977.7 USDT.
Placing a market order
You can place a market order that shows up in the order book using the postProMarketOrder mutation.
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mutation {
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  postProMarketOrder(pair: btc_usdt, quantity: 10000, side: buy){
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    id
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    pair
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    price
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    side
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    status
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    timeInForce
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    orderType
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    fees
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    filled
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    total
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    initialBaseQuantity
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    initialQuoteQuantity
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    remainingBaseQuantity
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    remainingQuoteQuantity
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    meanExecutionPrice
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    engineMessage
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  }
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}
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Parameters
pair: The currency pair you want to buy or sell
quantity: The amount of the quote currency worth of the base currency you want to buy or sell
side: The order side either buy or sell
Response
id: Unique identifier of the order
pair: The currency pair of the order
price: The price the order was executed at
side: The order side either buy or sell
status: The status of the orderpending, in_progress, cancelled, successful, failed, partially_filled
timeInForce: The timeInForce option of the order
orderType: The type of the order either limit_order, market_order
fees: The fees incurred for placing the order
filled: The amount of the base currency that was filled
total: An alias for initial base quantity.
initialBaseQuantity: The initial quantity of the base currency
initialQuoteQuantity: The initial quantity of the quote currency
remainingBaseQuantity: The remaining base quantity that has not been filled.
remainingQuoteQuantity: The remaining quote quantity that has not been filled. (Only applies to market buy orders)
meanExecutionPrice: The price that an order was executed at if it matched with one other order. The average price if it matched with multiple other orders.
engineMessage: The reason why an order failed

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Last modified 11mo ago

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Contents

When to place a market order

Estimating a market order's fees

Placing a market order