Cryptocurrency Q&A What is Taker vs post on Coinbase?

What is Taker vs post on Coinbase?

Stefano Stefano Fri Dec 06 2024 | 5 answers 1086
The user wants to understand the difference between Taker and Maker fees on Coinbase, specifically in the context of trading digital currencies like Bitcoin and Ethereum. They are seeking clarification on how these fees are structured and applied when executing trades on the Coinbase platform. What is Taker vs post on Coinbase?

5 answers

Riccardo Riccardo Sun Dec 08 2024
Post-only Mode is a trading feature that restricts the type of orders traders can place.

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Margherita Margherita Sat Dec 07 2024
In this mode, traders can only submit an order if it would be added to the Order Book as a Maker Order.

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Eleonora Eleonora Sat Dec 07 2024
Any order that would be posted as a Taker Order will be automatically rejected by the system.

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Caterina Caterina Sat Dec 07 2024
Market Orders are not allowed in Post-only Mode, as they would immediately match with existing orders and be executed.

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Nicolo Nicolo Sat Dec 07 2024
Additionally, no orders will be filled in this mode, meaning that no trades will be executed until the mode is disabled.

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