How does GDAX's post only mode affect the execution of cryptocurrency trades?

3 answers

• Mar 20, 2022 · 3 years ago
  GDAX's post only mode is a feature that allows users to place limit orders that will only be added to the order book and not immediately executed. This can be useful for traders who want to ensure that their orders are not accidentally filled at a price they are not comfortable with. By using post only mode, traders can avoid paying the taker fee and instead only pay the maker fee when their order is filled by another trader. Overall, this feature provides more control and flexibility in executing cryptocurrency trades on GDAX.
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• Mar 20, 2022 · 3 years ago
  GDAX's post only mode is a great tool for traders who want to have more control over their orders. By using this mode, traders can ensure that their orders are only added to the order book and not immediately executed. This can be helpful in situations where traders want to set a specific price for their order and wait for other traders to fill it. It also allows traders to avoid paying the taker fee and instead only pay the maker fee when their order is filled. Overall, GDAX's post only mode provides a useful option for traders to optimize their trading strategies.
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• Mar 20, 2022 · 3 years ago
  GDAX's post only mode is a feature that allows traders to place limit orders that will only be added to the order book and not immediately executed. This can be beneficial for traders who want to avoid the risk of their orders being filled at unfavorable prices. By using post only mode, traders can set their desired price and wait for other traders to fill their orders. This feature also helps traders save on fees, as they only pay the maker fee when their order is filled. GDAX's post only mode provides a convenient way for traders to execute cryptocurrency trades with more control and cost savings.
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