Cryptocurrency Q&A What is the difference between maker fee and take fee?

What is the difference between maker fee and take fee?

GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Sat Aug 31 2024 | 7 answers 1883
Can you explain the distinction between maker fees and take fees in the context of cryptocurrency trading? As a trader, it's important to understand these costs and how they can impact my overall profitability. Is there a general rule of thumb for determining which one is more advantageous in various market conditions? Additionally, do exchanges typically offer discounts or incentives for high-volume traders in relation to these fees? What is the difference between maker fee and take fee?

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