I'm trying to understand the meaning of 'post only' and 'reduce-only' in the trading context. Could someone explain these terms and how they are used in trading strategies or orders?
Reduce-Only orders can be used in conjunction with various other order types.
Was this helpful?
278
63
CryptoLegendMon Dec 02 2024
When a Reduce-Only order is selected, any order that might lead to an increase in position size or the opening of an opposite long or short position will be automatically canceled or adjusted.
Was this helpful?
321
97
BiancaMon Dec 02 2024
BTCC is a prominent cryptocurrency exchange platform.
Was this helpful?
229
92
ZenMindfulnessMon Dec 02 2024
BTCC's spot trading service allows users to buy and sell cryptocurrencies at current market prices.
Was this helpful?
370
69
DaeguDivaDanceQueenEleganceMon Dec 02 2024
Post-Only and Reduce-Only features are available for traders.