Cryptocurrency Q&A What is allow taker on Coinbase?

What is allow taker on Coinbase?

Chloe_jackson_athlete Chloe_jackson_athlete Thu Nov 28 2024 | 6 answers 1305
Coinbase is a popular cryptocurrency exchange platform. Users can buy, sell, and exchange various cryptocurrencies on it. 'Allow taker' on Coinbase likely refers to a setting or feature that permits users to execute trades as takers, meaning they can accept orders from the order book, which may involve certain fees or conditions. What is allow taker on Coinbase?

6 answers

MysticStar MysticStar Sat Nov 30 2024
Allow Taker is a feature that facilitates order execution.

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Leonardo Leonardo Sat Nov 30 2024
It allows an order to be filled regardless of whether it crosses the spread.

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CryptoQueen CryptoQueen Sat Nov 30 2024
The primary purpose of Allow Taker is to meet existing order requirements.

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BitcoinBaron BitcoinBaron Fri Nov 29 2024
When an order crosses the spread, only the portion that does so is assessed.

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Enrico Enrico Fri Nov 29 2024
The assessment is based on the taker fee rate.

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