Maker-taker fees differentiate between adding liquidity (maker) and removing liquidity (taker), with different fee schedules and rebates.
Makers place resting orders that add depth; takers execute against existing orders. Fee schedules incentivize liquidity and fund exchange operations.
"An exchange charges 0.1% taker fee but offers 0.0% or rebates for makers to encourage tighter spreads."
"VIP tiers reduce fees based on 30-day volume or token holdings."
Maker/taker structures impact strategy choice; passive makers aim for rebates while active takers prioritize execution certainty.
"Posting iceberg or post-only orders ensures maker status and avoids taker fees."
"High taker fees discourage market orders in illiquid pairs, pushing usage toward limit orders."
All terms and definitions may update as the Cryptionary improves.