Market price locks occur in a trading platform's request for quote (RFQ) feature to provide stability and predictability during the trading process. When you request a quote for buying or selling a cryptocurrency, the platform temporarily locks in the market price to allow you to review and accept the transaction without the pressure of fluctuating prices. This lock period, typically lasting a few seconds to a minute, ensures that the price quoted at the time of your request remains unchanged, allowing for a fair and transparent trading experience. However, due to the volatile nature of cryptocurrency markets, if the transaction is not confirmed within the specified time, the price may unlock and update according to current market conditions.
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