What is a maker and taker fee?
Asked by Adrian G. on 7/12/2024
1 Answer
Natal E.7/13/2024
Makers add liquidity to the market with limit orders. They pay lower fees but may wait longer for orders to fill. For PrimeXBT, they pay 0.01% fee.T
Akers seek instant trades, paying higher fees for market orders. So you get a transaction pretty much immediately, but pay a bit more for it. For PrimeXBT, you pay 0,02% (still freaking cheap as hell, if you ask anyone).
Makers provide liquidity to the market, takers take liquidity off the market. Hence the names.
Akers seek instant trades, paying higher fees for market orders. So you get a transaction pretty much immediately, but pay a bit more for it. For PrimeXBT, you pay 0,02% (still freaking cheap as hell, if you ask anyone).
Makers provide liquidity to the market, takers take liquidity off the market. Hence the names.
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