Are there any limitations or restrictions when using GDAX's taker orders?

6 answers

• lau inJun 16, 2021 · 4 years ago
  When using GDAX's taker orders, there are a few limitations and restrictions to keep in mind. First, taker orders are subject to the available liquidity in the market. If there is not enough liquidity, your order may not be filled immediately or at the desired price. Second, taker orders may incur higher fees compared to maker orders. GDAX charges a fee for executing taker orders, which is typically higher than the fee for maker orders. Lastly, it's important to note that taker orders are executed immediately, which means you may not have the opportunity to cancel or modify the order once it is placed.
  609

  305
• Sondagar MitJun 01, 2023 · 2 years ago
  Using GDAX's taker orders comes with certain limitations and restrictions. One limitation is that taker orders are dependent on the available liquidity in the market. If there is low liquidity, your order may not be filled immediately or at the desired price. Another restriction is that taker orders may incur higher fees compared to maker orders. GDAX charges a fee for executing taker orders, which can be higher than the fee for maker orders. Additionally, taker orders are executed immediately, so you need to be sure about the order details before placing it, as there may be limited or no opportunity to cancel or modify the order.
  638

  213
• Sajal SharmaSep 26, 2021 · 4 years ago
  When using GDAX's taker orders, it's important to be aware of the limitations and restrictions. One limitation is that taker orders are subject to the available liquidity in the market. If there is low liquidity, your order may not be filled immediately or at the desired price. Another restriction is that taker orders may have higher fees compared to maker orders. GDAX charges a fee for executing taker orders, which is usually higher than the fee for maker orders. It's also worth noting that taker orders are executed immediately, so you need to carefully consider the order details before placing it, as there may be limited or no opportunity to cancel or modify the order.
  679

  170
• Balajii Swaroop AndhavarapuDec 14, 2023 · 2 years ago
  When it comes to using GDAX's taker orders, there are a few limitations and restrictions to keep in mind. One limitation is that taker orders rely on the available liquidity in the market. If there is low liquidity, your order may not be filled immediately or at the desired price. Additionally, taker orders may have higher fees compared to maker orders. GDAX charges a fee for executing taker orders, which can be higher than the fee for maker orders. Lastly, it's important to note that taker orders are executed immediately, so you need to be certain about the order details before placing it, as there may be limited or no opportunity to cancel or modify the order.
  670

  134
• Clemmensen HertzJul 13, 2020 · 5 years ago
  When using GDAX's taker orders, it's important to understand the limitations and restrictions that come with it. One limitation is that taker orders are dependent on the available liquidity in the market. If there is low liquidity, your order may not be filled immediately or at the desired price. Another restriction is that taker orders may have higher fees compared to maker orders. GDAX charges a fee for executing taker orders, which is typically higher than the fee for maker orders. Additionally, taker orders are executed immediately, so you need to carefully consider the order details before placing it, as there may be limited or no opportunity to cancel or modify the order.
  686

  115
• Mohammad IbrahimFeb 23, 2024 · a year ago
  BYDFi is a digital currency exchange that offers taker orders as one of its trading options. When using BYDFi's taker orders, it's important to be aware of the limitations and restrictions. One limitation is that taker orders are subject to the available liquidity in the market. If there is low liquidity, your order may not be filled immediately or at the desired price. Another restriction is that taker orders may have higher fees compared to maker orders. BYDFi charges a fee for executing taker orders, which can be higher than the fee for maker orders. It's also worth noting that taker orders are executed immediately, so you need to carefully consider the order details before placing it, as there may be limited or no opportunity to cancel or modify the order.
  770

  110