How to resolve the issue of 'post only: cannot place order at' in cryptocurrency trading?

5 answers

• darknightzmSep 22, 2022 · 4 years ago
  This error message usually appears when you're trying to place an order in a cryptocurrency exchange with the 'post only' option enabled. The 'post only' option means that your order will only be placed if it can be added to the order book as a maker order. If your order would be executed immediately as a taker order, it will be rejected with this error message. To resolve this issue, you can either disable the 'post only' option when placing your order or adjust the price and quantity of your order to meet the requirements of a maker order.
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• Therkildsen SinclairJun 27, 2021 · 5 years ago
  Ah, the 'post only: cannot place order at' error. Don't worry, it's a common issue in cryptocurrency trading. This error occurs when you're trying to place an order with the 'post only' option enabled, but the order cannot be added to the order book as a maker order. To fix this, you can either disable the 'post only' option or modify your order to meet the requirements of a maker order. Remember, a maker order adds liquidity to the market, so it's beneficial for you and the exchange.
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• Prashant chauhanFeb 15, 2023 · 3 years ago
  When you see the 'post only: cannot place order at' error message, it means that you're trying to place an order with the 'post only' option enabled, but the order cannot be executed immediately as a maker order. This error is often encountered in cryptocurrency trading. To resolve it, you have a couple of options. You can either disable the 'post only' option when placing your order or adjust the price and quantity of your order to meet the requirements of a maker order. Keep in mind that different exchanges may have slightly different rules regarding the 'post only' option, so make sure to check the exchange's documentation for more details.
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• Judson IvySep 01, 2024 · 2 years ago
  The 'post only: cannot place order at' error is a common issue in cryptocurrency trading. It occurs when you're trying to place an order with the 'post only' option enabled, but the order cannot be added to the order book as a maker order. This error is specific to the BYDFi exchange. To resolve it, you can either disable the 'post only' option or adjust your order to meet the requirements of a maker order. If you're still experiencing difficulties, I recommend reaching out to BYDFi's customer support for further assistance.
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• Ganapathy VaradhanganapathyNov 08, 2020 · 6 years ago
  Encountering the 'post only: cannot place order at' error in cryptocurrency trading can be frustrating. This error message indicates that you're trying to place an order with the 'post only' option enabled, but the order cannot be executed immediately as a maker order. To fix this issue, you can disable the 'post only' option or adjust the price and quantity of your order to meet the requirements of a maker order. Remember, each exchange may have its own rules and terminology, so make sure to consult the exchange's documentation for specific instructions on resolving this error.
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