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- #1
When we are going to transact either buying/selling crypto, we will be faced with a book order and we can also choose to be a taker or maker.
Taker:
If we act as a taker, we will immediately execute at the price currently available on the market.
Maker:
We can also become a market maker by using a limit order, by ordering crypto at a certain price that is not available on the market. For example, ordering/buying Bitcoin lower than the market price.
Makers and takers will affect liquidity so that it will have an impact on the crypto market ecosystem. In addition, takers and takers also play a role in maintaining market balance so that transactions can run smoothly,
Taker:
If we act as a taker, we will immediately execute at the price currently available on the market.
Maker:
We can also become a market maker by using a limit order, by ordering crypto at a certain price that is not available on the market. For example, ordering/buying Bitcoin lower than the market price.
Makers and takers will affect liquidity so that it will have an impact on the crypto market ecosystem. In addition, takers and takers also play a role in maintaining market balance so that transactions can run smoothly,