Maker vs. Taker fees. 💵

are how many trading platforms (especially crypto and stock exchanges) charge for trades. Here’s the simple version:

🧱 Maker (adds liquidity)

You place an order that doesn’t fill immediately.

* Example: You place a limit order to buy Bitcoin at $60,000, but the current price is $61,000.

Your order sits on the order book waiting for someone else.

You are “making” the market by adding liquidity.

💰 Maker fees are usually lower (sometimes even zero or a rebate).

⚡ Taker (removes liquidity)

You place an order that fills immediately.

* Example: You place a (market order) to buy Bitcoin at the current price.

Your order matches instantly with an existing order.

You are “taking” liquidity from the order book.

💰 Taker fees are usually higher.

🧠 Easy way to remember

* Maker = waits → cheaper

* Taker = instant → costs more

📌 Quick example

If an exchange charges:

* Maker fee: 0.1%

* Taker fee: 0.2%

On a $1,000 trade:

* Maker pays $1

* Taker pays $2