Bitcoin Order Types - Market Orders in Bitcoin Trading

There are different types of cryptocurrency orders which a trader can use to trade in Bitcoin.

Basic definitions of the commonly used types of cryptocurrency orders:

Types of BTCUSD Market Orders and Pending Bitcoin Orders

Market Execution BTCUSD Order

Market Execution Order - This is the most basic type of cryptocurrency order, market execution order is used to buy or sell at the current ask or bid bitcoin trading quote bitcoin price. Market Execution Order refers to a bitcoin order executed at the quoted bitcoin price which pops up on your bitcoin trading platform.

This type of cryptocurrency trading order - market execution order - is used for buying or selling according to the present exchange rate quotation in cryptocurrency market and the execution is instant. Minute you want to enter a bitcoin trade you can buy and sell bitcoin at a click of a button using a cryptocurrency market order - Market Execution Order.

Trading Bitcoin Set Market Execution Order in MT4

MT4 BTCUSD Trading Software Basics Guide

How to Set New Order in Tools Menu on MetaTrader 4

To set new Market Execution Order to buy or sell a trade can be found on the MT4 tools menu within the MT4 Platform. Button key for placing a new bitcoin trade order is shown below. (ShortCut Keyboard Keys "F9")

How to Set New Market Execution Order - in Tools Menu on MetaTrader 4

How to Place Orders MetaTrader 4 Bitcoin Platform

As a bitcoin trader, once you select the new order button as illustrated and shown above the following popup window will appear. This pop up includes the settings for opening a new trade - Market Execution Order.

Market Execution Order - How to Place Bitcoin Orders in MetaTrader 4