Cryptocurrency Q&A
What is a post only order?
What is a post only order?
DondaejiDelightfulCharmingSmile
Fri Nov 29 2024
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7 answers
1291
I'm trying to understand what a post only order is. I've heard of it in trading, but I'm not entirely sure how it works or what its purpose is. Could someone explain this concept to me?
7 answers
Starlight
Sun Dec 01 2024
Instead, the order must be placed in such a way that it adds liquidity to the market.
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SamuraiCourageous
Sun Dec 01 2024
The concept of a "post-only" condition is crucial in understanding limit orders within trading platforms.
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amelia_miller_designer
Sun Dec 01 2024
This means that the order will only be placed if it can function as a Maker order.
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CharmedSun
Sun Dec 01 2024
This specific condition ensures that an order is only added to the order book if it cannot be immediately matched with an existing order.
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Dario
Sun Dec 01 2024
A maker order is one that creates a new price level in the order book, thereby adding liquidity.
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