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

6 answers

• lau inAug 12, 2024 · a year 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.
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• Sondagar MitFeb 24, 2024 · 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.
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• Sajal SharmaJul 19, 2022 · 3 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.
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• Balajii Swaroop AndhavarapuOct 18, 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.
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• Clemmensen HertzSep 21, 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.
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• Mohammad IbrahimDec 18, 2020 · 5 years 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.
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