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Support CenterCommon problemWhat is Maker and Taker?
What is Maker and Taker?
2022/03/01 17:45:25

Please check our tutorial video to help you solve your problems or understand more regarding related topics.

If you would like to know more details, please read the whole article below.

Here is our tutorial video:

You become a “maker” when you place an order and it does not trade immediately, so your order stays in the order book and waits for someone else to fill/match with it later. If there is no order that could match your order, then your order would remain in the market and the order book, providing liquidity for the market.

Taker means the user makes a move to execute its order with the orders on order book immediately, it reduces the liquidity of the order book and the market. When a user places a taker order on the order book, the other side of the order on the order book would be matched/taken. 

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