eduacational_post

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Educational Post

What is a Market Order?

A market order is an order to instantly buy or sell at the best available price. It is executed based on the limit orders that are already located in the order book, meaning that market orders depend on market liquidity to be completed.

Unlike limit orders that are placed on the order book and wait for someone to execute them, market orders are executed immediately at the current market price. Therefore, when completing a market order in the Binance exchange, you will be paying the trading fees as a market taker.

Since market orders are executed right away, your market order will match the best limit order available on the order book. In other words, if you create a market buy order, it will match the best limit sell orders at the current price. However, if the cheapest limit sell order available is not sufficient to fill your entire market order, your order will automatically match the following limit sell orders until it is finally completed. This process is called slippage and is the reason why you pay higher prices and higher fees with market orders when compared to limit orders.

Market orders are convenient in situations where getting your order quickly filled is more important than getting a certain price. This means that you should only use market orders if you are in a hurry and willing to pay higher prices and fees (caused by the slippage). In other terms, market orders should only be used if you want to buy or sell as quickly as possible, regardless of price and fees.

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#Pakistan
🇩🇪 #Germany wants more Pakistani students
The number will increase from 6,000 to 10,000 students.
🎓 More study chances in top fields
Focus on engineering, IT, and applied sciences.
🛠️ Skills + jobs focus (TVET)
Germany will help Pakistan improve technical and vocational training so youth can get job-ready skills.

🌱 Youth empowerment & climate action
Pakistani youth can work with Germany on green projects and youth policy programs.
🛂 Faster student visa process

A new online registration system will make visas quicker and easier.

💶 Money proof is required
Students must show €11,904 in a blocked account for the 2026 visa.

ℹ️ Where to apply
Check DAAD Information Center Islamabad or the German Mission in Pakistan website for details.
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