If you use a Market Order with 3x leverage, the trade will indeed be executed instantly at the current market price.
💡What could go wrong:
Slippage:
That is, if the market is volatile, the price may change between the moment the order is sent and its execution. You will buy a little more expensive than expected.
Leverage risks:
Even with small movements against you, losses will increase 3 times faster due to leverage.
Liquidation:
If the price starts to move negatively immediately, and you don't have a stop-loss, the exchange may liquidate your position if losses reach the margin level.
I can recommend….🧐🤔
Use market orders only on liquid pairs (where there is a large trading volume).
Always set a stop-loss to protect against sharp movements.
If you want to avoid slippage, use a limit order to specify your price in advance.