“Maker” is the fee charged to Market Maker. Traders that provide liquidity and improved depth to the Order Book are called Market Makers. A “Maker” order is an order to be traded at a preset limit price.
“Taker” is the fee charged to Market Taker. Traders looking for and taking liquidity out of the order book are called Market Takers. The “Taker” order is an order that is immediately traded at the market price.
We will notify you as soon as the fee table below applies.