Damex
Glossary

What is a Market Order?

A Market Order is an order to buy or sell a financial instrument immediately at the best available current price.

What are the characteristics of Market Orders?

Market orders ensure quick execution but do not guarantee a specific price.

How does a Market Order work in simple terms?

A Market Order is like saying, “Buy now!” or “Sell now!” at the current price. It prioritizes speed over getting the best possible price, making it ideal for quick transactions.

Share this info

Related terms (by category)

Multisig Wallet

A digital wallet that requires multiple private keys to authorize a transaction.

Membership Tiers

Different levels of membership within Damex, each with specific benefits and requirements.

Modulr Finance

The financial service provider partnered with Damex for issuing IBANs, sort codes, and Visa cards.

Related terms (by alphabet)

Discover Damex App

Mobile Payments

Your Instant, Easy, and Safe Mobile Payment App

Exchange of fiat and digital assets

Simplify Your Asset Exchange Experience

Accounts

We’ve got the right solution to keep your funds safe

Step gamification

Turn Your Finances into a Rewarding Adventure!!

Damex Co-branded Visa Card

Swipe, Shop, and Celebrate: Financial Freedom with Damex Visa Cards!

Cashback

Unlock the True Potential of Your Finances

Discover Damex Business

Trading

Helping medium and high-risk clients improve the efficiency and profitability of their global payments processes

IBANs

Accessing corporate bank accounts has become more and more difficult over recent years, particularly for companies deemed to be medium or high risk.

Custody Solutions

Damex offers three alternative custody solutions.

About us

Find out more about Damex.

Career

Join the DAMFAM.

Culture

We are dynamic, we are progressive, we are united.

Team

We are dedicated to make ownership and management of Digital Assets simplified.