Cryptocurrency Q&A
What is post only in Binance?
What is post only in Binance?
CherryBlossomFalling
Thu Nov 28 2024
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7 answers
1119
I'm trying to understand a specific feature on Binance, which is the 'post only' option. I want to know what it means and how it works within the Binance platform.
7 answers
Carolina
Sat Nov 30 2024
The concept of a Post Only order type is crucial in understanding how trading works on certain platforms.
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Pietro
Sat Nov 30 2024
When a trader decides to place a limit order, they have the option to select the [Post Only] box.
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DongdaemunTrendsetterStyleIcon
Sat Nov 30 2024
Checking this box ensures that the order will not be executed immediately upon placement.
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ZenMind
Sat Nov 30 2024
Instead, the order will be listed as a maker order on the order book.
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EchoWave
Fri Nov 29 2024
This means that the order will wait in the queue until it can be matched with a suitable taker order.
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