What happens if the 'post only' option is not chosen for this order? Will it be executed as a taker order?

5 answers

• Kiran Kumar GattiJan 28, 2022 · 4 years ago
  If the 'post only' option is not chosen for this order, it means that the order can be executed immediately at the current market price. In other words, it will be treated as a taker order. This means that the order will be filled at the best available price in the order book, regardless of whether it matches with an existing order or not. It is important to note that taker orders usually incur higher fees compared to maker orders.
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• Steve SOct 29, 2022 · 3 years ago
  When the 'post only' option is not selected for an order, it will be executed as a taker order. This means that the order will be filled immediately at the best available price in the market. The 'post only' option is typically used by traders who want to ensure that their order is added to the order book and not executed immediately. By selecting the 'post only' option, the order will only be added to the order book if it doesn't match with an existing order.
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• Denisha NicoleMar 02, 2023 · 3 years ago
  If the 'post only' option is not chosen for this order, it will be executed as a taker order. This means that the order will be filled immediately at the best available price in the market. The 'post only' option is a feature offered by some exchanges, including BYDFi, that allows traders to ensure that their order is added to the order book and not executed immediately. By selecting the 'post only' option, the order will only be added to the order book if it doesn't match with an existing order. However, if the 'post only' option is not chosen, the order will be executed as a taker order and filled immediately.
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• bilal02Dec 11, 2021 · 4 years ago
  If you don't select the 'post only' option for this order, it will be executed as a taker order. This means that the order will be filled immediately at the best available price in the market. The 'post only' option is used by traders who want to ensure that their order is added to the order book and not executed immediately. By selecting the 'post only' option, the order will only be added to the order book if it doesn't match with an existing order. However, if you don't choose the 'post only' option, the order will be executed as a taker order and filled immediately.
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• itsXrgonNov 21, 2024 · a year ago
  Not selecting the 'post only' option for this order will result in it being executed as a taker order. This means that the order will be filled immediately at the best available price in the market. The 'post only' option is a feature that allows traders to ensure that their order is added to the order book and not executed immediately. By selecting the 'post only' option, the order will only be added to the order book if it doesn't match with an existing order. However, if you don't choose the 'post only' option, the order will be executed as a taker order and filled immediately.
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