Market orders#

A market order is the simplest and fastest way to buy or sell shares on Moonopol. When you place a market order, your trade is executed immediately at the best available price. This is great for users who want to enter or exit a position quickly without waiting for a specific price.

How Do Market Orders Work?#

• Buying with a Market Order: Your order is filled instantly at the lowest available price in the market.
• Selling with a Market Order: Your shares are sold immediately at the highest available price in the market.

Why Use Market Orders?#

1. Speed – Market orders are executed instantly, so you don’t have to wait for a specific price.
2. Simplicity – You don’t need to set a price manually; the system finds the best available one for you.
3. Guaranteed Execution – As long as there is liquidity in the market, your order will be filled.

Example Scenarios#

• Example 1 (Buying): You want to buy shares in a market, and the current price is 0.70 USDC per share. By placing a market buy order, your order gets filled immediately at 0.70 USDC or the next best available price.
• Example 2 (Selling): You hold shares, and you want to sell them as quickly as possible. If the highest available buy price is 0.45 USDC, your market sell order will execute immediately at that price.

Final Thoughts#

Market orders are the best choice when speed and execution certainty matter more than the exact price. Whether you’re buying or selling, they help you enter and exit positions quickly without having to wait!