Cryptocurrency Q&A Should I use a post only order?

Should I use a post only order?

Valentino Valentino Sun Dec 01 2024 | 6 answers 1443
I am considering whether to use a post only order for my trading activity, but I'm not sure if it's the best option. I want to understand if this type of order is suitable for my trading strategy. Should I use a post only order?

6 answers

AltcoinAdventurer AltcoinAdventurer Tue Dec 03 2024
Trading on exchanges often comes with various strategies to minimize costs and maximize profits.

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Caterina Caterina Mon Dec 02 2024
In other words, it prevents the order from being immediately executed against an opposite order, thus giving it a chance to be filled at a more favorable price.

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HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Mon Dec 02 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet options. With BTCC, traders can access the Post-Only option for their Limit Orders, which can help them reduce trading fees.

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ethan_harrison_chef ethan_harrison_chef Mon Dec 02 2024
One such strategy is the use of Limit Orders, which allow traders to specify the maximum or minimum price they are willing to buy or sell at.

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EthereumEmpress EthereumEmpress Mon Dec 02 2024
By opting for the Post-Only option with Limit Orders, traders can gain an advantage in the trading process.

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