What is the Maker and Taker deal?


A maker order is an order in which users try to buy coins below the current market price and sell above the current market price.

In other words, users set the maximum price for their buy orders and the minimum price for their sell orders themselves. These types of orders are not immediately fulfilled. Instead, the trader has to wait for the user (buyer or seller) to accept that selling price.

A taker order (as an example, a market order) is an order that users trade (buy/sell coins) at the current market price. Users using a market order immediately accept your trade offers. This type of trade is fast and easy, where orders are executed immediately at the best available price.

We remind that when using quick exchange option, a transaction is always a Taker-request.

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