I'm trying to understand the concept of post only order on Coinbase. Could someone explain what it is and how it works in the context of cryptocurrency trading on the platform?
6 answers
emma_anderson_scientist
Sun Dec 01 2024
When an order with the post-only flag is placed, it must add to the available pool of buy or sell orders.
Valeria
Sun Dec 01 2024
The post-only flag serves as an indicator for a specific type of order in trading platforms.
Gianluca
Sun Dec 01 2024
This flag ensures that the order's sole purpose is to contribute to the market's liquidity.
Martina
Sun Dec 01 2024
In simple terms, liquidity refers to the ease of buying and selling assets in the market.
Lucia
Sat Nov 30 2024
If any portion of the order attempts to take liquidity by matching with an existing order, it will not be processed.