Questions tagged [taker]

DaeguDivaDanceQueenElegantStride Wed Sep 04 2024 | 7 answers 1483

I'm curious to understand the intricacies of trading fees when it comes to stop loss orders. Is a stop loss order classified as a Maker or a taker order? In the world of cryptocurrency trading, where fees can significantly impact profitability, it's essential to comprehend the distinction between these two types of orders and how they factor into the cost of executing a stop loss. Can you clarify the classification of stop loss orders and the implications it has on traders?

CryptoMaven Wed Sep 04 2024 | 5 answers 944

Excuse me, I was wondering if you could clarify for me what exactly the Maker taker fee is for Binance? I've heard it mentioned in the context of trading on the platform, but I'm not entirely sure how it works or what it entails. Could you elaborate on what the maker and taker roles are, and how the fee structure for each differs on Binance? Additionally, is there a way to potentially reduce or avoid these fees altogether? Thank you in advance for your help.

WhisperInfinity Wed Sep 04 2024 | 5 answers 886

Hello there, I'm curious about minimizing costs in the world of cryptocurrency trading. Can you explain to me how I might be able to avoid or reduce Maker and taker fees when engaging in trades? Are there any specific strategies or platforms that tend to offer more favorable fee structures? Additionally, are there any other hidden costs or fees that I should be aware of when navigating the world of crypto trading? Your insights would be greatly appreciated.

Riccardo Mon Sep 02 2024 | 6 answers 1707

Excuse me, could you please explain what the Maker taker fee is for Poloniex? I've been trading on this platform for a while now, but I'm still not entirely clear on how it works. As a trader, it's important for me to understand all the fees involved in my transactions, so I can make informed decisions about where to trade. Could you provide a brief overview of how the maker taker fee structure works on Poloniex, and perhaps give an example of how it might impact a typical trade?

BonsaiVitality Sun Sep 01 2024 | 5 answers 1197

Excuse me, could you please clarify for me who exactly is responsible for paying the Maker and taker fees in cryptocurrency trading? Are these fees paid by the individual trader who initiates the trade, or is there another party involved? Also, is there a standard practice in the industry regarding who pays these fees, or does it vary from platform to platform? Your insight on this matter would be greatly appreciated.