Cryptocurrency Q&A What does allow taker execution mean?

What does allow taker execution mean?

SumoPride SumoPride Thu Nov 28 2024 | 7 answers 1050
I'm trying to understand the concept of allow taker execution in the context of trading, particularly in relation to order execution on exchanges. Could someone explain what it means? What does allow taker execution mean?

7 answers

TaegeukChampionship TaegeukChampionship Sat Nov 30 2024
When an order crosses the spread, it means it doesn't match the current market price.

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

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InfinityVoyager InfinityVoyager Sat Nov 30 2024
The portion of the order that crosses the spread will be subject to the taker fee rate.

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MountFujiMysticalView MountFujiMysticalView Sat Nov 30 2024
This fee rate is typically higher than the maker fee rate.

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

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