Terminology

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Fees[edit]

What is ​Maker vs Taker?[edit]

A trade gets the ​taker​ fee if the trade order is matched immediately against an order already on the order book, which is ​removing liquidity​. A trade gets the ​maker​ fee if the trade order is not matched immediately against an order already on the order book, which is ​adding liquidity​.

Source[edit]

http://bitcoin.it/

See Also on BitcoinWiki[edit]