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To address your query about **Binance's "Post Only" order type for BNB**, here's a detailed explanation based on the search results:
---
### **1. What is a "Post Only" Order?**
A **Post Only** order is a conditional order type on Binance that ensures your order is added to the order book as a **maker order** (providing liquidity) rather than being executed immediately as a taker order (removing liquidity). This helps users avoid taker fees and instead pay lower maker fees. Key features include:
- **No Immediate Execution**: The order is placed on the order book and remains there until matched.
- **Automatic Cancellation**: If the order cannot be posted (e.g., it would immediately match existing orders), it is canceled to prevent taker fees .
---
### **2. How to Use a "Post Only" Order with BNB**
When trading BNB or other cryptocurrencies on Binance:
1. **Select "Limit Order"**: Choose the BNB trading pair (e.g., BNB/USDT).
2. **Check "Post Only"**: Enable this option in the order interface.
3. **Set Price and Quantity**: Specify your desired price and amount of BNB.
4. **Submit**: The order will either be added to the order book or canceled if it cannot be placed as a maker order .
---
### **3. Benefits of Using "Post Only" with BNB**
- **Fee Discounts**: Binance offers reduced trading fees (e.g., 25% discount) when paying fees in BNB. Combining this with maker orders (via "Post Only") maximizes cost efficiency .
- **Liquidity Provision**: Adding BNB to the order book supports market stability and earns potential rewards through maker fee rebates.
- **Avoid Slippage**: Ideal for large BNB trades where immediate execution could impact the market price.
bnb$BNB
---
### **1. What is a "Post Only" Order?**
A **Post Only** order is a conditional order type on Binance that ensures your order is added to the order book as a **maker order** (providing liquidity) rather than being executed immediately as a taker order (removing liquidity). This helps users avoid taker fees and instead pay lower maker fees. Key features include:
- **No Immediate Execution**: The order is placed on the order book and remains there until matched.
- **Automatic Cancellation**: If the order cannot be posted (e.g., it would immediately match existing orders), it is canceled to prevent taker fees .
---
### **2. How to Use a "Post Only" Order with BNB**
When trading BNB or other cryptocurrencies on Binance:
1. **Select "Limit Order"**: Choose the BNB trading pair (e.g., BNB/USDT).
2. **Check "Post Only"**: Enable this option in the order interface.
3. **Set Price and Quantity**: Specify your desired price and amount of BNB.
4. **Submit**: The order will either be added to the order book or canceled if it cannot be placed as a maker order .
---
### **3. Benefits of Using "Post Only" with BNB**
- **Fee Discounts**: Binance offers reduced trading fees (e.g., 25% discount) when paying fees in BNB. Combining this with maker orders (via "Post Only") maximizes cost efficiency .
- **Liquidity Provision**: Adding BNB to the order book supports market stability and earns potential rewards through maker fee rebates.
- **Avoid Slippage**: Ideal for large BNB trades where immediate execution could impact the market price.
bnb$BNB
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