Cryptocurrency Q&A What is the difference between maker and taker on Coinbase?

What is the difference between maker and taker on Coinbase?

SakuraBloom SakuraBloom Wed Nov 27 2024 | 5 answers 1123
I want to understand the distinction between the roles of Maker and taker on the Coinbase platform. Specifically, how do their functions and responsibilities differ in the context of cryptocurrency trading? What is the difference between maker and taker on Coinbase?

5 answers

AzureWave AzureWave Fri Nov 29 2024
On the other hand, if you place an order that is partially matched immediately, you will be considered the taker for that portion of the trade.

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Pietro Pietro Fri Nov 29 2024
As the taker, you will pay a taker fee for the portion of the order that was matched.

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EnchantedMoon EnchantedMoon Fri Nov 29 2024
When trading on a cryptocurrency exchange, if another customer places an order that aligns with yours, you will be classified as the Maker of the trade.

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Alessandro Alessandro Fri Nov 29 2024
As the maker, you will be subject to a fee that ranges between 0.00% and 0.40% of the trade value.

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Chiara Chiara Fri Nov 29 2024
This fee structure is designed to incentivize traders to provide liquidity to the market by placing orders that can be matched with others.

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