Market Price

[Lakai01]

Never use this app you mention but I agree. Keep it to Buy and Sell. Everybody understands this.

Bitpanda is a very well-known exchange here in Europe. There are many ways for Europeans to deposit FIAT and trade coins. My father also trades on Bitpanda after other exchanges were much too complicated for him. This starts with the fact that as someone who is not a native English speaker, you don't know what deposit and withdraw means... Therefore I like Bitpandas UI very much, there is no simpler way.

If cryptocurrencies are to become suitable for the masses, then the trading experience of the Exchanges must become much easier and function similarly to e-banking, for example. Many people are already used to online banking and can handle it. To be honest, I am just waiting for the first big banks to offer the opportunity to invest and trade in CC via their user interface. This would probably also avoid the problem of the OP.

[lixer]

On Binance, on trading page, if I buy alcoin using market price, will I get my altcoins right away like when I buy using card? Or will still have to wait for certain trader to respond to me?

I never bought anything thru trading. I have no experience buying from Binance trading.

No, when you’re depositing is different from when you’re trading cryptocurrencies. When you’re depositing money to your Binance account you just enter your credit card or debit card and the money will be available immediately, but for trading is different , and it all depends on the type of order you make.

There is an option to buy and sell cryptocurrency at the market price , and if you set your order to the market price it’s going to be available in your wallet quickly than when you decide to set your own amount.

[rexxarofmoknathal]

On Binance, on trading page, if I buy alcoin using market price, will I get my altcoins right away like when I buy using card? Or will still have to wait for certain trader to respond to me?

I never bought anything thru trading. I have no experience buying from Binance trading.

When you buy at the market price, technically provided that the market isn't too volatile you should be getting your order filled straight away. There are advantages and disadvantages to doing this, so this choice is solely up to the buyer.

One obvious disadvantage is that the price might drop shortly after your buying order has been filled and then you're at an instant loss. Of course, the opposite can happen in reverse. A good way to gauge market movements is to look at the candle sticks (i.e. graph) from the last few minutes as that gives you an indication of what's going on and can better predict short-term movements.

[Shasha80]

If you want to buy altcoins right away on Binance, you can use the market feature, this will make your purchase instant.
But the price is according to the last price on the market, if you expect the price that you want, you can use the limit feature.
But the risk is using the limit feature, you have to wait until the price you want is reached.