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Home/Glossary/Post-only order

Crypto trading · Pro

Post-only order

By Omer Rapaport · Content updated 11 September 2026

What does Post-only order mean?

A post-only order is intended to enter the order book as resting liquidity rather than execute immediately against another order. A marketable order may be rejected or cancelled under the venue's rules.

Example

A buy limit that would immediately cross the ask is cancelled because post-only is enabled.

Illustrative example; not a provider’s quoted offer.

Why it matters for prop traders

It controls liquidity-taking behavior, not execution certainty. A post-only exit may remain unfilled during a fast move.

Sources and further reading

The following primary sources support the terminology. Provider rules describe their own products and may change.

  • Bybit - Post-only orders

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Frequently asked questions

Does post-only guarantee that an exit order will fill?

It controls liquidity-taking behavior, not execution certainty. A post-only exit may remain unfilled during a fast move.

Sources: Bybit - Post-only orders

What is a practical example of Post-only order?

Illustrative example: A buy limit that would immediately cross the ask is cancelled because post-only is enabled.

Sources: Bybit - Post-only orders

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