🔎 What is a market order?
When you buy, sell, or swap a cryptocurrency on Finary Crypto, a market order is placed. This means you are asking our partner, Bitstamp, to execute the trade immediately at the best available price.
Unlike a limit order, you do not set a target price.
The order is executed as soon as a counterparty is found.
This is the fastest way to execute a trade, but it depends on market liquidity (the number of buy and sell orders available at a given time).
🤔 Why can my order fail?
Sometimes, your transaction may not go through and you will see an error message in Finary.
The most common reason is a lack of liquidity on the trading pair (e.g., LINK → BTC).
If there are too few buy or sell orders available, the gap between prices becomes too wide.
To protect you from an unfavorable execution price, Bitstamp blocks the market order.
👉 In other words: there aren’t enough immediate counterparties to execute your order at the current market price.
💡 What should I do if this happens?
Here are our recommendations:
Try again later: liquidity changes quickly, and it’s common for an order to go through a few minutes or hours later.
Stay tuned for improvements: we’re continuously enhancing the Finary Crypto trading experience. Limit orders (where you set your own target price) are currently under consideration.
✅ In summary
Your crypto orders on Finary Crypto are executed via our partner Bitstamp.
A market order can fail if liquidity is too low on a given pair.
Simply try again later when liquidity improves.
We are working on new features (like limit orders) to improve your trading experience.