# Market order

To execute a market order, enter the order amount or volume without specifying a price.

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## ​Buying

Once a market <mark style="color:green;">**buy**</mark> order is placed, the exchange will execute the <mark style="color:red;">**sell**</mark> orders (ASK) from the order book, starting from the farthest order until the market order is fully filled.

## Selling

Once a market <mark style="color:red;">**sell**</mark> order is placed, the exchange will execute the <mark style="color:green;">**buy**</mark> orders (BID) from the order book, starting from the farthest order until the market order is fully filled.

A Market order execute orders in the order book (reducing liquidity) and incurs a **Taker** commission of 0.05% in the Futures market.

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