Cryptocurrency Q&A
What is the difference between maker and taker in Coinbase?
What is the difference between maker and taker in Coinbase?
HanjiHandiwork
Fri Nov 29 2024
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6 answers
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I want to understand the difference between the roles of Maker and taker in the context of Coinbase. How do these two functions differ from each other in terms of their activities and impact on the platform?
6 answers
Martino
Sun Dec 01 2024
When another customer submits an order that aligns with yours, and your order is executed either partially or fully, you are classified as the maker for that specific trade.
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Sara
Sun Dec 01 2024
As a maker, you are entitled to pay the Maker fee rate, which is generally lower than the taker fee.
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CryptoDynastyLord
Sun Dec 01 2024
On the other hand, if you place an order that gets matched partially right away, you will be charged a taker fee for that portion of the trade.
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Stefano
Sun Dec 01 2024
The taker fee is higher because you are actively removing liquidity from the market by matching with an existing order.
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KimonoGlory
Sun Dec 01 2024
Determining the nature of orders involves understanding the roles of Maker and taker.
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