What is the purpose of using 'post only' option on GDAX for cryptocurrency trading?
Can you explain the purpose of using the 'post only' option on GDAX for cryptocurrency trading? How does it affect the trading process and why would someone choose to use it?
3 answers
- Muhammad Haroon khanFeb 26, 2021 · 5 years agoThe 'post only' option on GDAX is designed to ensure that your order is posted to the order book and not executed immediately. This can be useful if you want to provide liquidity to the market by adding orders to the order book without paying the fees associated with market orders. By using the 'post only' option, you can avoid paying taker fees and potentially earn maker rebates if your order is filled by another trader. It's a way to optimize your trading strategy and potentially save on fees.
- Mohammad Abdul HannanOct 14, 2025 · 6 months agoThe purpose of the 'post only' option on GDAX is to allow traders to add liquidity to the market by posting limit orders without incurring any fees. When you use the 'post only' option, your order will only be added to the order book and will not be executed immediately. This can be beneficial if you want to avoid paying taker fees and potentially earn maker rebates. It's a way to encourage market makers and provide more liquidity to the market.
- RolandOct 20, 2024 · 2 years agoThe 'post only' option on GDAX is a feature that allows traders to add limit orders to the order book without incurring any fees. When you use this option, your order will only be posted to the order book and will not be executed immediately. This can be useful if you want to provide liquidity to the market and potentially earn maker rebates. By using the 'post only' option, you can avoid paying taker fees and take advantage of the benefits of being a market maker.
Top Picks
- How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?1 4434979
- ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance0 113571
- How to Withdraw Money from Binance to a Bank Account in the UAE?3 010677
- The Best DeFi Yield Farming Aggregators: A Trader's Guide1 010462
- How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App0 17795
- Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 20250 26386
Related Tags
Trending Today
Trade, Compete, Win — BYDFi’s 6th Anniversary Campaign
The Hidden Engine Powering Your Crypto Trades
Trump Coin in 2026: New Insights for Crypto Enthusiasts
Japan Enters Bitcoin Mining — Progress or Threat to Decentralization?
Is Dogecoin Ready for Another Big Move in Crypto?
BlockDAG News: Presale Deadline, Remaining Supply & Market Trends
Is Nvidia the King of AI Stocks in 2026?
AMM (Automated Market Maker): What It Is & How It Works in DeFi
Is Bitcoin Nearing Its 2025 Peak? Analyzing Post-Halving Price Trends
Crypto Mining Rig: What It Is and How It Powers Proof‑of‑Work Networks
Hot Questions
- 3313
What is the current spot price of alumina in the cryptocurrency market?
- 2960
What are some popular monster legends code for cryptocurrency enthusiasts?
- 2742
How do blockchain wallet reviews help in choosing the right wallet for cryptocurrencies?
- 2716
What are the best psychedelic companies to invest in the crypto market?
- 2693
What is the current exchange rate for European dollars to USD?
- 1466
What are the advantages of trading digital currencies on Forex Capital Markets Limited?
- 1359
What are the best MT4 programming resources for developing cryptocurrency trading indicators?
- 1358
What are the system requirements for installing the Deriv MT5 desktop platform for cryptocurrency trading?