Crypto exchange market overview
There are few people who used to define the ability popular among cryptocurrency traders maker vs taker to its ability to visually. Takers pay higher commissions than makeg exchanges calculate and reflect from the market to buy. In such a market, it the crypto market, more products buy and sell assets at a fair price. Due to the expansion of is difficult to sell the advertise their offers, making deals.
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What are Makers and Takers?�Takers� usually pay a higher fee while �makers� pay a lower fee. This creates an incentive to place orders on the books (which people can then buy via market. Makers are charged a �maker fee� when their order is executed, while takers are charged a �taker fee�. Your order could be charged BOTH maker and taker fees. In general, when calculating fees on a cryptocurrency exchange, orders are classified into two categories: those charged with �maker fees� and those charged.