A limit order controls your price—not automatically your trading fee.
On exchanges using maker/taker pricing, the key question is whether your order adds liquidity or immediately takes an existing offer. A limit order that matches straight away can incur taker fees.
Before submitting, compare your limit price with the order book and check the exchange’s fee schedule. Where supported, a post-only setting prevents immediate taker execution; Kraken documents cancellation if the order would match immediately.
The trade-off: avoiding an immediate match does not guarantee a later fill. Price may move away while your order waits. Choose the execution behavior you need, not just the fee label you expect.
Sources: Kraken Support
https://support.kraken.com/articles/360000526126-what-are-maker-and-taker-fees-
https://support.kraken.com/articles/how-to-set-prices-for-limit-orders-on-kraken-pro
#CryptoEducation #LimitOrders #TradingFees #Liquidity #RiskManagement
On exchanges using maker/taker pricing, the key question is whether your order adds liquidity or immediately takes an existing offer. A limit order that matches straight away can incur taker fees.
Before submitting, compare your limit price with the order book and check the exchange’s fee schedule. Where supported, a post-only setting prevents immediate taker execution; Kraken documents cancellation if the order would match immediately.
The trade-off: avoiding an immediate match does not guarantee a later fill. Price may move away while your order waits. Choose the execution behavior you need, not just the fee label you expect.
Sources: Kraken Support
https://support.kraken.com/articles/360000526126-what-are-maker-and-taker-fees-
https://support.kraken.com/articles/how-to-set-prices-for-limit-orders-on-kraken-pro
#CryptoEducation #LimitOrders #TradingFees #Liquidity #RiskManagement