Cryptocurrency Q&A Which is better maker or taker?

Which is better maker or taker?

Federica Federica Thu Sep 05 2024 | 6 answers 1220
When it comes to cryptocurrency trading, which role is better to play: the maker or the taker? As a trader, understanding the difference between these two roles is crucial in maximizing your profits and minimizing your costs. Makers place limit orders, which set a specific price they're willing to buy or sell at, and are rewarded with lower fees for adding liquidity to the market. On the other hand, takers execute market orders, buying or selling at the current market price, which can result in higher fees but also faster executions. So, which one should you choose? Let's delve deeper into the pros and cons of each role to help you make an informed decision. Which is better maker or taker?

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