BINANCE CRYPTO LEARNING SERIES — PART 116
🔥 Post Only Order: A Smart Way to Save on Maker Fees!
Do you want your Limit Order to execute only as a Maker?
That’s what a Post Only Order is designed for.
🟢 How does it work?
It adds liquidity to the Order Book.
If the order is about to execute immediately, it may be canceled.
The goal is to avoid becoming a Taker.
📊 Example:
BTC Best Ask: $100,100
You place a Post Only Buy Order at $100,000. It will wait in the Order Book and become a Maker when matched.
🧠 Golden Rule: Post Only doesn’t guarantee execution; it prioritizes Maker execution instead.
#BinanceSquare #PostOnly #LimitOrder #CryptoTrading #BTC $BTC
🔥 Post Only Order: A Smart Way to Save on Maker Fees!
Do you want your Limit Order to execute only as a Maker?
That’s what a Post Only Order is designed for.
🟢 How does it work?
It adds liquidity to the Order Book.
If the order is about to execute immediately, it may be canceled.
The goal is to avoid becoming a Taker.
📊 Example:
BTC Best Ask: $100,100
You place a Post Only Buy Order at $100,000. It will wait in the Order Book and become a Maker when matched.
🧠 Golden Rule: Post Only doesn’t guarantee execution; it prioritizes Maker execution instead.
#BinanceSquare #PostOnly #LimitOrder #CryptoTrading #BTC $BTC
