I'm trying to decide between being a
Maker or a taker. I want to understand which one is generally considered better. What are the advantages and disadvantages of each option?
7 answers
mia_clark_teacher
Sun Oct 13 2024
Market stability is essential for attracting and retaining investors. It provides a predictable trading environment where risks can be managed effectively, leading to increased confidence in the market.
ZenHarmony
Sun Oct 13 2024
The distinction between makers and takers is central to the functioning of cryptocurrency exchanges, like BTCC, which offers a range of services including spot and futures trading.
SumoStrength
Sun Oct 13 2024
BTCC, as a top cryptocurrency exchange, recognizes the importance of market liquidity and stability. Its fee structure is designed to encourage market-making behavior, thereby enhancing overall liquidity.
CryptoNerd
Sun Oct 13 2024
Market liquidity is crucial for ensuring that trades can be executed quickly and efficiently, without significant price movements. The maker-taker model plays a pivotal role in maintaining this liquidity.
Sara
Sun Oct 13 2024
Trading fees are significantly influenced by the role traders play in the market. Makers, who contribute to the liquidity pool by placing orders that are not immediately matched, often enjoy reduced fees.