How does the 'post only' option on Bybit work and what advantages does it offer for trading digital currencies?
![avatar](https://download.bydfi.com/api-pic/images/avatars/Ejjdv.jpg)
Can you explain how the 'post only' option on Bybit works and what benefits it provides for trading digital currencies?
![How does the 'post only' option on Bybit work and what advantages does it offer for trading digital currencies?](https://bydfilenew.oss-ap-southeast-1.aliyuncs.com/api-pic/images/en/da/7a2bf99efe8dade87e62e29d6425f93358e93d.jpg)
1 answers
- The 'post only' option on Bybit is a great tool for traders who want to save on fees and contribute to market liquidity. By placing limit orders with this option, traders can avoid paying taker fees and potentially improve their profitability. Additionally, adding limit orders to the order book helps maintain a more efficient and liquid market, benefiting all participants. Overall, the 'post only' option offers several advantages for trading digital currencies on Bybit.
Feb 18, 2022 · 3 years ago
Related Tags
Hot Questions
- 89
What are the best digital currencies to invest in right now?
- 72
What are the best practices for reporting cryptocurrency on my taxes?
- 63
Are there any special tax rules for crypto investors?
- 62
How does cryptocurrency affect my tax return?
- 56
How can I buy Bitcoin with a credit card?
- 51
What is the future of blockchain technology?
- 48
How can I protect my digital assets from hackers?
- 28
What are the tax implications of using cryptocurrency?