Market
A Market Order executes immediately at the best available price. It prioritizes speed over price precision and is the most direct way to enter or exit a position.
Where supported, goodcryptoX uses the exchange’s native Market Order.
On exchanges, that do not support market orders natively, we approximate them using a Limit IOC (Immediate or Cancel) order placed deep into the orderbook — 10% above best ask (for buys) or 10% below best bid (for sells).
In normal conditions, this behaves like a Market Order. But in cases of high volatility or low liquidity, the order may be only partially filled — or not filled at all — unlike a native market order, which would execute fully.
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