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what-is-a-post-only-order-type

Independent ReserveKnowledge base

What is a post-only order type?

A 'post-only' order is a conditional limit order that serves to add liquidity to the order book. In a post-only environment, your order will exist as a limit order on the order book. No orders will be matched and filled during this time. All taker orders (eg market orders or limit orders that cross the spread) will be rejected. Placed orders can be canceled in post-only mode.