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

What is the difference between maker and taker orders on Coinbase?

Giuseppe Giuseppe Thu Nov 28 2024 | 6 answers 1037
I'm trying to understand the distinction between Maker and taker orders on the Coinbase platform. I want to know how these two types of orders differ from each other. What is the difference between maker and taker orders on Coinbase?

6 answers

henry_rose_scientist henry_rose_scientist Sat Nov 30 2024
When another customer submits an order that aligns with yours on the trading platform, you are designated as the maker.

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CryptoNinja CryptoNinja Sat Nov 30 2024
As the maker, you will be subject to a fee ranging from 0.00% to 0.40% for facilitating the transaction.

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Elena Elena Sat Nov 30 2024
This fee structure is designed to incentivize liquidity and encourage more orders to be placed on the exchange.

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Maria Maria Sat Nov 30 2024
If you place an order and it is partially matched immediately, you will be charged a taker fee for that specific portion of the order.

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CryptoPioneer CryptoPioneer Fri Nov 29 2024
The taker fee is typically higher than the Maker fee to compensate for the immediate execution of your order.

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