- Post-Only orders will be canceled automatically if the orders could be matched on the opposite side orders. It’s a useful tool if you only want to pay maker fees instead of taker fees.
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Reduce-Only orders allow you to set orders intended to only reduce a current position and can be combined with different orders, by choosing it, any order which might increase their position or will open an opposite long or short will be canceled or adjusted.
Example: If you enter a quantity larger than your existing open position, the quantity of the reduce-only order will auto-reduce to the size of your open position.