How does Fidelity handle market orders for buying and selling cryptocurrencies?

3 answers

• Dec 15, 2021 · 3 years ago
  Fidelity handles market orders for buying and selling cryptocurrencies by executing them at the prevailing market price. When you place a market order, Fidelity will search for the best available price on the market and execute the order as soon as possible. This ensures that you get the most favorable price at the time of execution. However, please note that due to the volatile nature of cryptocurrencies, the actual execution price may differ slightly from the quoted price at the time of placing the order. It's always a good idea to review the order details before confirming the trade.
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• Dec 15, 2021 · 3 years ago
  When it comes to market orders for buying and selling cryptocurrencies, Fidelity follows a simple and efficient process. They execute the orders at the best available price on the market, ensuring that you get a fair deal. Fidelity's advanced trading technology allows for quick execution, minimizing any potential slippage. However, it's important to keep in mind that market orders are subject to market liquidity and volatility. This means that during periods of high volatility or low liquidity, the execution price may deviate slightly from the quoted price. Fidelity strives to provide a seamless trading experience while prioritizing the best interests of their customers.
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• Dec 15, 2021 · 3 years ago
  As a third-party digital asset exchange, BYDFi handles market orders for buying and selling cryptocurrencies in a similar manner to Fidelity. When you place a market order on BYDFi, it will be executed at the best available price on the market, ensuring that you get the most favorable price at the time of execution. BYDFi's advanced trading infrastructure allows for quick and efficient order execution, minimizing any potential slippage. However, please note that market orders are subject to market liquidity and volatility, and the execution price may deviate slightly from the quoted price. It's always recommended to review the order details before confirming the trade on BYDFi.
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