What are the benefits of using Bybit's post only order type in cryptocurrency trading?

3 answers

• Dec 17, 2021 · 3 years ago
  Bybit's post only order type offers several benefits for cryptocurrency traders. Firstly, it ensures that your order will be added to the order book as a maker order, which means you will not pay any trading fees. This can significantly reduce your trading costs. Additionally, post only orders can help you avoid slippage, as they are only executed if they can be filled without immediately matching with an existing order. This can be particularly useful in volatile markets where prices can change rapidly. Overall, using Bybit's post only order type can help you save money and improve your trading strategy.
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• Dec 17, 2021 · 3 years ago
  When you use Bybit's post only order type, you have the advantage of being a maker in the market. This means that you are providing liquidity to the order book and not taking liquidity from it. As a result, you can enjoy lower trading fees compared to takers. Furthermore, post only orders can help you avoid unnecessary market orders, which can be risky in volatile markets. By placing a post only order, you can ensure that your order will only be executed if it adds liquidity to the market. This can help you optimize your trading strategy and minimize costs.
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• Dec 17, 2021 · 3 years ago
  Bybit's post only order type is a great tool for cryptocurrency traders. It allows you to place orders that will only be added to the order book if they can be filled without immediately matching with an existing order. This means that you can avoid paying trading fees and reduce the risk of slippage. Bybit is a popular cryptocurrency exchange known for its advanced trading features and user-friendly interface. With Bybit's post only order type, you can take advantage of the benefits of being a maker in the market and optimize your trading strategy. Give it a try and see how it can improve your trading experience!
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