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.
5 answers
Riccardo
Sun Dec 08 2024
Post-only Mode is a trading feature that restricts the type of orders traders can place.
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.
Eleonora
Sat Dec 07 2024
Any order that would be posted as a Taker Order will be automatically rejected by the system.
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.
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.