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How does the 'post only' option on Bybit work and what advantages does it offer for trading digital currencies?

avatarChandru MMar 19, 2022 · 3 years ago1 answers

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?
Bybit
Post Only
Trading

1 answers

  • avatarMar 19, 2022 · 3 years ago
    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.

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