I often see questions about makers and takers in chats, so I decided to understand it in more detail. In fact, this is the basic mechanism of any exchange, but many beginners get confused.

Here's the gist: when you place your buy or sell order, you act as a maker. You literally create a new liquidity point in the market, adding an offer. The exchange charges a fee for this, but usually it’s lower because you are helping the market.

A taker, on the other hand, is someone who executes an existing order. You see someone else’s order and immediately accept it, removing liquidity from the order book. The taker fee is higher because you are taking an existing offer without creating a new one.

Practically speaking, if you place a limit order, you are a maker. If you execute a market order, you are a taker. That’s the whole difference. The fee difference can be significant at large volumes, so experienced traders take this into account when planning their entries and exits.