Bybit logo
Bybit, an exchange using maker-and-taker pricing.Credit: Brand mark via Wikimedia CommonsOriginal sourceAll image credits

A maker order rests on an order book and adds available liquidity. A taker order matches immediately against an existing order and removes liquidity.

Order type is not the whole answer

Market orders are normally takers. A limit order can still be a taker if its price crosses the current book and executes immediately.

Fee schedules differ by exchange, market, and recent volume. Check the current preview and rules rather than assuming one rate.

The classification depends on execution

An order is a maker when it rests on the book and adds liquidity. It is a taker when it immediately matches existing orders and removes liquidity.

The fee schedule can depend on more than order type

Trading volume, account tier, pair, promotion, and platform rules may change the rate. Check the current schedule and the final order preview.

Sources

  1. Kraken Support — Maker and taker fees