What is the significance of the 'post only' feature on GDAX?

3 answers

• Fakhriddin BuvatoyevMar 12, 2024 · 2 years ago
  The 'post only' feature on GDAX is a trading option that allows users to place limit orders without incurring any fees. When enabled, the order will only be posted to the order book and will not execute immediately. This feature is particularly useful for traders who want to provide liquidity to the market and avoid paying additional fees for market orders. By using the 'post only' option, traders can potentially save on trading costs and have more control over their orders.
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• AravindhanDec 03, 2023 · 2 years ago
  The 'post only' feature on GDAX is designed to encourage market participants to provide liquidity to the order book. By placing limit orders with the 'post only' option, traders can help maintain a healthy order book and improve market efficiency. This feature is especially beneficial for high-frequency traders and market makers who rely on tight spreads and deep liquidity. By using the 'post only' option, traders can contribute to a more liquid market and potentially benefit from improved execution prices.
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• Elyse GrubbJun 30, 2023 · 3 years ago
  As a leading digital currency exchange, GDAX offers the 'post only' feature to enhance trading flexibility and cost-effectiveness. By using the 'post only' option, traders can avoid paying additional fees for market orders and have more control over their trading strategies. This feature is particularly useful for traders who want to optimize their trading costs and improve their overall profitability. With the 'post only' feature, GDAX aims to provide a seamless trading experience and attract more liquidity to its platform.
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