Cryptocurrency Q&A What is post only mode?

What is post only mode?

Silvia Silvia Wed Nov 27 2024 | 5 answers 1167
I'm trying to understand what post only mode is. Can someone explain it to me in simple terms? I want to know how it works and what its purpose is. What is post only mode?

5 answers

Leonardo Leonardo Fri Nov 29 2024
Enabling Post-Only mode is straightforward. Traders need only to check the "Post Only" button in the order form before submitting their order.

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CryptoChieftain CryptoChieftain Fri Nov 29 2024
Post-Only orders are designed to enhance liquidity within the order book.

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Stefano Stefano Fri Nov 29 2024
These orders contribute to the market by adding new buy or sell positions rather than removing existing ones.

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DigitalDynasty DigitalDynasty Fri Nov 29 2024
Traders who utilize Post-Only orders are required to pay the Maker fee upon submission.

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Elena Elena Fri Nov 29 2024
This is in contrast to the taker fee, which is charged for orders that remove liquidity from the market.

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