#TradingPairs101 Who are Makers and Takers in Crypto Trading?

In crypto trading, there are two main roles in every transaction: the maker and the taker.

◆ A Maker adds liquidity to the order book by placing an order that doesn't fill immediately

like a limit order. Makers help the market by offering trades for others to match.

↑ A Taker removes liquidity by accepting an existing order from the order book placing a market order. usually by

For example, if you place a buy limit order and someone sells into it, you are the maker. If you place a market order and it fills instantly, you are the taker.

Some exchanges offer lower fees for makers to encourage more liquidity. #MakerTaker101