Cryptocurrency Q&A
Is maker the buyer or seller?
Is maker the buyer or seller?
Eleonora
Thu Nov 28 2024
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5 answers
1267
I'm trying to figure out the role of a 'maker' in a transaction. Specifically, I want to know if the Maker is considered the buyer or the seller.
5 answers
KimchiQueen
Sat Nov 30 2024
A Maker is defined as a specific type of user within the marketplace.
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EnchantedDreams
Sat Nov 30 2024
This user places an order that does not get executed instantaneously.
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OceanSoul
Sat Nov 30 2024
Instead, the order is placed on the order book and waits for action.
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CryptoTamer
Sat Nov 30 2024
The primary purpose of a maker's order is to await another user.
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KpopStarletShineBrightness
Fri Nov 29 2024
This other user will take the opposing side of the trade, thus completing the transaction.
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