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by cheonic730 706 days ago
> What's the mechanism for removing liquidity?

Liquidity removal = market order

Liquidity providing = limit order (not immediately executable)

1 comments

The order type is a red herring (you can take liquidity with a limit order).

The only difference between an order that removes liquidity and an order that adds liquidity is whether it executes upon arrival (removing liquidity) or rests on the order book on arrival (adding liquidity).