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Is it possible for this order to be executed as a taker order if the 'post only' option is not selected?

avatarBanks ClausenDec 25, 2021 · 3 years ago3 answers

In the context of cryptocurrency trading, if the 'post only' option is not selected, can this order still be executed as a taker order?

Is it possible for this order to be executed as a taker order if the 'post only' option is not selected?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, if the 'post only' option is not selected, this order can still be executed as a taker order. When the 'post only' option is not enabled, the order can be matched immediately with existing orders in the order book, resulting in a trade being executed as a taker order. This means that the order will be filled at the current market price, without waiting for a matching limit order.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! If you don't select the 'post only' option, your order can be executed as a taker order. It will be matched with existing orders in the order book and executed at the current market price. So, if you want to take advantage of the current market conditions and execute your order immediately, make sure to leave the 'post only' option unchecked.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you don't tick the 'post only' option, your order can still be executed as a taker order. At BYDFi, we believe in providing our users with flexibility in their trading strategies. So, even if you don't select the 'post only' option, your order will be matched with existing orders in the order book and executed as a taker order. Happy trading!