![]() If we add a sell order at $99 for a BTC, it will not match any order at the moment, and we will be a maker (it will probably be 0). If we add a buy order at $91 it will not match any order at the moment, and we will be a maker and we will pay a maker fee, whether there is any (it will probably be 0). If we add a sell order at $95 or less, it will match right away the order No. We are a taker and we will pay a taker fee. If we add a buy order at $100, it will immediately match the order No. The fee is 0% for that part of the total order. The remainder of the order is placed on the order book and, when matched, is considered a maker order. You will pay a taker fee when you place an order that gets partially matched immediately. If another customer places an order that matches yours, your fee will be 0% and you are considered the maker. What is the difference between maker and taker fees?Ī TAKER is when you place an order at the market price that gets filled immediately, you are considered a taker and you will pay a fee for books.Ī MAKER is when you place an order which is not immediately matched by an existing order, that order is placed on the order book.
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