FAQ

Introduction to Spot Execution Types

CoinCatch provides 3 different order execution types to help you trade more efficiently and professionally.
Immediate or Cancel (IOC)
Any unfilled part will be canceled immediately, as soon as the order is submitted. On one hand, if there is no transaction at the time of submission, all will be canceled. On the other hand, if the transaction is partially completed at the time of submission, the unfilled part will be canceled immediately.
Fill or Kill (FOK)
If the order cannot be fully executed on the market immediately, it will be canceled immediately.
Maker (Post Only)
Post-only orders are designed to ensure the order is added to the order book as a maker order. If the order matches with an existing one, it is canceled to avoid taker fees.
  • Example: Placing a post-only buy order for BTC at $89,900 ensures it remains on the order book rather than executing immediately if the market price is $89,900.

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CoinCatch Team