I'm trying to understand the term 'allow taker' on Coinbase. I've seen this option on the trading platform, but I'm not sure what it means or how it affects my trades. Can someone explain this to me?
6 answers
BonsaiStrength
Tue Dec 03 2024
It enables orders to be filled irrespective of the spread.
PulseWind
Tue Dec 03 2024
The spread represents the gap between the buy and sell prices of an asset.
Daniela
Tue Dec 03 2024
When an order's segment crosses the spread, a specific fee applies.
CryptoWizardry
Tue Dec 03 2024
This fee is determined by the taker fee rate.
EchoWave
Tue Dec 03 2024
Allow Taker is a feature that facilitates order execution.