What is the purpose of GDAX's post only mode in cryptocurrency trading?
sowjanya kMay 01, 2022 · 3 years ago1 answers
Can you explain the purpose and significance of GDAX's post only mode in cryptocurrency trading? How does it affect trading strategies and order execution?
1 answers
- May 01, 2022 · 3 years agoGDAX's post only mode is a feature that allows traders to submit limit orders without the risk of immediate execution. This mode is particularly useful for traders who want to provide liquidity to the market or implement specific trading strategies. By using post only mode, traders can ensure that their orders are added to the order book and potentially executed at a later time. This feature helps prevent accidental execution of market orders and allows traders to have more control over their order execution. Overall, GDAX's post only mode is designed to enhance the trading experience and provide traders with more flexibility in executing their orders.
Related Tags
Hot Questions
- 77
Are there any special tax rules for crypto investors?
- 71
What are the advantages of using cryptocurrency for online transactions?
- 68
How can I protect my digital assets from hackers?
- 67
What are the best digital currencies to invest in right now?
- 57
How can I buy Bitcoin with a credit card?
- 55
What are the best practices for reporting cryptocurrency on my taxes?
- 51
What are the tax implications of using cryptocurrency?
- 40
How can I minimize my tax liability when dealing with cryptocurrencies?