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GDAX || Limit Orders

Limit Orders

1.6 A Limit Order is an Order to buy or sell a specified quantity of an Asset at a specified price.

1.7 A Limit Order will only ever Fill at the specified price or a better price.

1.8 A Limit Order with ‘post-only’ selected will only be posted to the Order Book if it would not be posted at the same price as an existing Order on the Order Book. A Limit Order with ‘post-only’ selected will always be a Maker Order.

1.9 A Limit Order without ‘post-only’ selected will be immediately posted to the Order Book (subject to any Time in Force Instructions) and can result in a Maker Order or a Taker Order, or an Order that is partially a Maker Order and partially a Taker Order.

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