#MileiMemeCoinControversy

On Binance, a "Post Only" order, when used with a limit order, ensures that your order only becomes a maker order on the order book, meaning it will not immediately match and execute against existing orders, potentially saving on taker fees.

Here's a more detailed explanation:

What it does:

A "Post Only" order, when checked while placing a limit order, prevents your order from being executed immediately against existing orders in the order book.

Maker vs. Taker:

Instead, your order will be added to the order book as a maker order, meaning it adds liquidity to the market.

Fee Implications:

You'll only be charged a maker fee, which is typically lower than the taker fee, when your order is eventually executed.