The Difference Between Market Makers and Takers in Crypto Trading

[Suba]

The terms market maker and taker are important to understand, especially when trading, whether buying or selling crypto.
Market maker (limit order) is a way to buy and sell crypto using a limit price system. Therefore, the transaction will be executed when the price reaches the limit price.

Market Maker and Taker Fees
Each crypto exchange sets different market maker and taker fees. For more details, you can check with your favorite crypto exchange.

 

[gwolf666]

What you mention about the importance of understanding the terms market maker and taker in cryptocurrency trading is very true. Beginners often overlook this detail and end up paying more fees than necessary. The "market maker" is essential because it provides liquidity to the market with limit orders, which is why fees on most exchanges tend to be lower or even nonexistent. In contrast, the "taker" enters market orders or executes against existing orders on the book, which in practice usually means a higher fee. This may seem like a minimal difference at first, but for those who make a lot of trades, it directly impacts profitability. That's why it's always advisable to read the fee structure of each platform and adjust your entry and exit strategy accordingly. Good management also begins with these small decisions.