#OrderTypes101 📌 Understanding Post-Only Orders

A Post-Only Order is a type of limit order that ensures your order is added to the order book as a maker order, meaning it provides liquidity to the market. If your order would match an existing order and execute immediately, it is automatically canceled to prevent paying higher taker fees.

✅ Key Benefits:

Lower Fees: Maker orders often incur lower fees than taker orders.

Control: Prevents accidental immediate execution.

Liquidity: Contributes to market depth.

⚠️ Important:

For a buy order, place it below the best ask price.

For a sell order, place it above the best bid price.

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