Cryptocurrency Q&A What is a taker on Coinbase fees?

What is a taker on Coinbase fees?

Andrea Andrea Mon Dec 02 2024 | 5 answers 1094
I'm trying to understand the concept of a taker on Coinbase, specifically related to fees. I want to know what it means to be a taker in this context and how it affects the fees I pay when trading on the platform. What is a taker on Coinbase fees?

5 answers

Bianca Bianca Wed Dec 04 2024
Placing an order at the market price results in immediate execution, categorizing the trader as a taker.

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Elena Elena Wed Dec 04 2024
As a taker, traders are required to pay a fee for their transactions.

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CharmedVoyager CharmedVoyager Wed Dec 04 2024
The fee for takers ranges between 0.05% and 0.60% of the transaction value.

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KiteFlyer KiteFlyer Wed Dec 04 2024
On the other hand, if an order is not matched immediately by an existing order, it is placed on the order book.

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KatanaBladed KatanaBladed Tue Dec 03 2024
Orders on the order book await matching with opposite orders to complete a transaction.

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