#CryptoFees101 The commissions every trader must understand to maximize their profits. There are mainly two types of commissions on exchanges: Maker and Taker commissions, which operate differently depending on the type of order executed.

Maker commissions apply when you create liquidity in the market by placing orders that do not execute immediately, such as limit orders. In contrast, Taker commissions are charged when you take liquidity from the market by accepting the best available offers through market orders.