What are the risks and limitations of using post only orders in the cryptocurrency market?

1 answers

• Mar 23, 2022 · 3 years ago
  Post only orders can be a useful tool for traders in the cryptocurrency market, but they also come with their own set of risks and limitations. One risk is that if the market is moving quickly, there is a chance that the order may not be filled. This is because post only orders are only executed if they can be matched with an existing order on the order book. If there are no existing orders that match the price and quantity of the post only order, it will remain unfilled. Another limitation is that post only orders may not be suitable for traders who want their orders to be executed immediately. Since post only orders are not executed as takers, they may have to wait for a matching order to be placed by another trader. Traders should carefully consider their trading strategy and goals before using post only orders in the cryptocurrency market to ensure that they are making the best decision for their individual needs.
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