Cryptocurrency Q&A
What is the difference between post only and allow takers?
What is the difference between post only and allow takers?
Michele
Sun Dec 01 2024
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5 answers
1094
I'm trying to understand the difference between two order types: post only and allow takers. I want to know how they work and what distinguishes them from each other.
5 answers
Maria
Tue Dec 03 2024
Instead, a post-only limit order will only be added to the order book if it can be placed as a Maker order.
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Rosalia
Tue Dec 03 2024
A maker order is one that adds liquidity to the market by creating a new price level.
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CryptoVanguard
Tue Dec 03 2024
The concept of a "post-only" condition is crucial in the realm of limit orders.
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Raffaele
Tue Dec 03 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet. Among these services, traders can utilize the post-only condition to ensure their limit orders are added as Maker orders.
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Martino
Tue Dec 03 2024
This particular feature is designed to prevent an order from being executed immediately against an existing order in the order book.
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