PrimeXBT
Questions & Answers

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.

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