How do I place a market order
A Market order is designed to be executed immediately. It is meant to buy or sell at the best available price in the order book (which you can view before placing an order). Note that this is different from the last traded price. Here is the step-by-step process on how to place a market order on the ChilizX:
- Log in to your ChilizX account by clicking here
- Once logged in, click on the Exchange button on the web or Market in the app. This will take you to a list of all the trading pairs available on the ChilizX.
- Find the trading pair you want to trade. For Example, Here we will be using CHZ/USDT and On the CHZ/USDT market page, you'll see the current order book, which shows all the buy and sell orders that have been placed for the market. You'll also see a chart showing the price movement of the market over time.
- On the CHZ/USDT market page, click on the "Market" tab on the "Buy CHZ" or "Sell CHZ" panel, depending on whether you want to buy or sell.
- Click on the "Buy CHZ" or "Sell CHZ" button to place your market order.
- Once your market order is placed, it will be filled at the current market price. The order will be executed immediately and you'll receive the amount of CHZ you purchased or the amount of USDT you sold, minus any trading fees.