I'm curious, in the world of cryptocurrency trading, which approach is considered more favorable among traders: adopting a post-only strategy or allowing for taker orders? Post-only orders seem to prioritize liquidity provision, ensuring the
market remains well-stocked with bids and asks. On the other hand, taker orders actively seek out opportunities to execute trades, potentially capturing more favorable prices in a dynamic market. Is there a clear winner between these two strategies, or does it depend on individual trading goals and market conditions?
5 answers
SarahWilliams
Thu Sep 05 2024
In the world of cryptocurrency exchanges, BTCC stands as a leading platform offering a comprehensive suite of services. These include, but are not limited to, spot trading, futures trading, and a secure wallet solution.
Margherita
Thu Sep 05 2024
BTCC's spot trading service enables users to buy and sell digital assets directly from one another, providing a fast and efficient way to execute trades. Its futures trading platform, on the other hand, offers advanced tools for hedging and speculation, catering to traders with more sophisticated needs.
DigitalDukedom
Thu Sep 05 2024
The post-only option offers traders a strategic advantage by eliminating the need to pay taker fees. This feature is particularly appealing to those who prioritize acting as makers in the order book, aiming to enhance their profitability.
Lucia
Thu Sep 05 2024
By selecting the post-only option, traders can avoid unintended immediate executions of their limit orders. This mechanism ensures that orders are placed solely for the purpose of contributing to market liquidity, rather than triggering instant trades.
SejongWisdomKeeper
Thu Sep 05 2024
The post-only functionality promotes a liquid and orderly
market environment. By encouraging traders to act as makers and carefully place their orders, it contributes to a more stable and predictable trading experience for all participants.