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.
6 answers
AltcoinAdventurer
Tue Dec 03 2024
Trading on exchanges often comes with various strategies to minimize costs and maximize profits.
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.
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.
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.
EthereumEmpress
Mon Dec 02 2024
By opting for the Post-Only option with Limit Orders, traders can gain an advantage in the trading process.