Are there any specific requirements or restrictions for placing a post-only order?

3 answers

• Nov 24, 2021 · 3 years ago
  When placing a post-only order in the cryptocurrency market, there are a few requirements and restrictions to keep in mind. First and foremost, a post-only order means that you are only willing to place an order that adds liquidity to the market. This means that your order will only be executed if it does not immediately match with an existing order in the order book. If your order would result in an immediate match, it will be canceled instead. Additionally, some exchanges may have specific requirements for post-only orders, such as minimum order size or order duration. It's important to check the rules and guidelines of the exchange you are using to ensure compliance with their specific requirements.
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• Nov 24, 2021 · 3 years ago
  Placing a post-only order in the cryptocurrency market comes with its own set of requirements and restrictions. One important requirement is that your order must be limit order, which means you specify the price at which you are willing to buy or sell the cryptocurrency. Another requirement is that your order must be non-marketable, meaning it cannot be immediately executed at the current market price. This is because post-only orders are designed to add liquidity to the market and prevent immediate matches. As for restrictions, some exchanges may have minimum order size restrictions for post-only orders, while others may require a certain order duration. It's always a good idea to familiarize yourself with the specific requirements and restrictions of the exchange you are using.
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• Nov 24, 2021 · 3 years ago
  When it comes to placing a post-only order in the cryptocurrency market, there are a few things you should know. First, a post-only order is an order that is only added to the order book and not immediately executed. This means that if your order would immediately match with an existing order, it will be canceled instead. As for requirements, some exchanges may have specific requirements for post-only orders, such as a minimum order size or a minimum order duration. It's important to check the rules and guidelines of the exchange you are using to ensure compliance. For example, BYDFi, a popular cryptocurrency exchange, requires a minimum order size of 0.001 BTC for post-only orders. Overall, understanding the requirements and restrictions of post-only orders can help you make more informed trading decisions in the cryptocurrency market.
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