A post-only order is an order that does not remove liquidity from the market. When you place a post-only order, your order will only match with another order if the price you specified is the best price.
If your order would have taken liquidity away from the market, it will be rejected.
NOTE: Warning:
Post Only orders in Binance are orders that are placed with the intention of only adding liquidity to the order book. These orders will not take liquidity from the order book, but they will not be rejected or cancelled if they match with existing orders on the order book. This means that users should be careful when placing Post Only orders as they may end up taking liquidity from the order book if there is an existing order at a better price than the post-only order.
This type of order is useful for market makers who want to add liquidity to the market without taking any liquidity away. It is also useful for limit orders near the current market price, as there is a chance your order will not be matched immediately and will instead be added to the order book.
When you place a post-only order, you will see a “p” icon next to your order in the “Order Form” column on the “Orders” page.
In conclusion, a post-only order is an order that does not remove liquidity from the market, which is helpful for market makers and limit orders near the current market price.
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An open order on Binance is an order that has been placed but not yet filled. An open order may be for a buy or sell, and may be a limit order or market order. A limit order is an order to buy or sell a security at a specified price, while a market order is an order to buy or sell a security at the best available price. .
If you placed a trade on Binance and it is now showing as an “open order”, this means that your trade is currently active. An open order is an order that has been placed but not yet executed. This can happen for a number of reasons, but most commonly it is because the price you want is not currently available.
An order book is a digital list of all the buy and sell orders for a particular cryptocurrency asset, organized by price level. Binance is a centralized cryptocurrency exchange, meaning that it acts as a middleman between buyers and sellers. When you place an order on Binance, your order is not matched with another user’s order immediately.
An OCO order, or “One Cancels the Other” order, is a type of conditional order that is often used by traders to manage risk. An OCO order consists of two separate orders. One order is designed to execute at a certain price, and the other is designed to cancel the first order if it does not fill.
An order book is simply a list of all open orders for a particular trading pair on a cryptocurrency exchange. This list includes all the relevant information about each order, such as the price, the amount, and the type of order. Binance uses a first-come, first-serve system for matching orders against each other, which means that the orders that are closest to the market price will be matched first.
A Binance OCO order is simply an order that combines both a limit and a market order. This type of order gives traders more flexibility and control over their trades, as they can set their desired price for an asset while also having the option to buy or sell immediately if the market price moves away from their desired price. With a Binance OCO order, if the market price reaches your limit price, your limit order will be executed.
An order book is simply a list of all open orders and orders that have been filled for a particular trading pair on Binance. You can view the order book for any trading pair on Binance by clicking on the “Order Book” tab just below the candlestick chart on the trading page. Each entry in the order book lists the price at which someone is willing to buy or sell an asset, as well as the quantity they are willing to buy or sell at that price. .
An OCO, or “One Cancels the Other” order on Binance is a type of advanced order that is used when an investor wants to place two orders at once, but doesn’t want both to execute if only one fills. Basically, an OCO order is two orders placed at the same time, with one “stop” order and one “limit” order. The stop order is executed first, and if it fills, the limit order is canceled.
Floki is a Binance-supported community-driven token that was created to support the development of the Floki Network. The Floki Network is a “next-generation” decentralized internet protocol that is designed to be more private, secure, and scalable than existing protocols such as IPFS, HTTPS, and Tor. The Floki Network is being developed by a team of experienced engineers and researchers from around the world. .
The order book on Binance is a list of all the buy and sell orders that have been placed for a particular cryptocurrency. The order book can be used to see the current market price of a cryptocurrency, as well as the volume of trading that has been taking place. The order book is an important tool for traders, as it can be used to help make decisions about when to buy or sell.
