Coinbase, Exchanges

What Is Post Only Mode on Coinbase?

When you place an order on Coinbase Pro, your order is immediately sent to the order book and is visible to other users. If your order is the only one at that price, it will be filled immediately.

However, if there are already other orders at that price, your order will join the queue at that price and will only be filled as other orders ahead of you in the queue are filled.

NOTE: Warning: Post-only mode is a feature on Coinbase that allows you to place orders which will be immediately canceled if they would result in an immediate execution. This feature should only be used by traders who are familiar with order types and market conditions, as it could lead to losses if used incorrectly.

This is called post-only mode. In post-only mode, you’re guaranteed that your order will never cause a match with another order and that it will always go on the order book.

This means your order may not always be filled immediately, but you’ll never have to worry about getting unexpected slippage.

Post-only mode is a good choice if you want to make sure your orders never cause a match and you’re okay with waiting for them to fill.

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