#CryptoFees101
Maker/Taker Fees: These are trading fees charged by cryptocurrency exchanges.
Maker fees apply when you add liquidity to the order book by placing a limit order that doesn’t immediately match (e.g., setting a buy/sell price and waiting).
Taker fees apply when you remove liquidity by placing a market order that matches existing orders instantly.
Maker fees are typically lower (e.g., 0.1–0.2%) than taker fees (e.g., 0.2–0.3%), as exchanges incentivize adding liquidity. Fees vary by exchange and trading volume.
Gas Fees: These are transaction costs on blockchain networks like Ethereum, paid to miners or validators to process and confirm transactions (e.g., transfers, smart contract interactions).
*Ensure to always #DYOR* and never take this post as a total financial advice .