What Is a Post-Only Order? How Traders Avoid Taker Fees
By Tobi Opeyemi Amure
Source excerpt · FinanceFeeds
A post-only order is a limit order with an additional instruction that prevents it from executing immediately against an existing order. Instead, the exchange places the order on its order book, where it waits for another trader to match it. If the order would execute immediately upon submission, the exchange typically cancels or rejects it. Crypto traders use post-only orders to qualify for maker…