Cryptocurrency Q&A What does allow taker mean in Coinbase?

What does allow taker mean in Coinbase?

KimchiQueenCharm KimchiQueenCharm Thu Nov 28 2024 | 6 answers 1460
I'm trying to understand the term 'allow taker' on Coinbase. I've seen it in relation to trading and orders, but I'm not sure exactly what it means or how it affects my transactions. What does allow taker mean in Coinbase?

6 answers

Dario Dario Sat Nov 30 2024
This fee is applied to the portion that breaches the spread threshold.

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BenjaminMoore BenjaminMoore Sat Nov 30 2024
It enables the order to be filled irrespective of the spread.

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Raffaele Raffaele Sat Nov 30 2024
The spread represents the gap between the buying and selling price.

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Margherita Margherita Sat Nov 30 2024
When an order's component crosses the spread, it incurs a taker fee.

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

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