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Author Topic: Maker or Taker?  (Read 249 times)
Bit4UTeam (OP)
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December 04, 2017, 08:35:37 AM
 #1

When you create an order that is immediately matched with already existing orders, you're a taker because you take liquidity from the market.
When you add an order that doesn't match existing offers, you add liquidity to the market and are charged a maker fee.

BTCWho are you, a maker or a taker?BTC
What fees do you consider to be reasonable?
Aimer08
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December 04, 2017, 02:47:33 PM
 #2

You must be both maker and taker so that you're making and you're taking.
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December 05, 2017, 04:39:35 PM
 #3

You don't have to be either or. Putting in those orders depend on a situation that you've placed yourself into. Day traders are usually the takers and holders are those that just leave their orders

 
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December 05, 2017, 04:45:14 PM
 #4

I am maker as I want to stay in green zone even if price will dump a little bit when it is pumping hard and I want to make a jump.

Maker should be charged only half the amount that is being charged for taker, liquidity is needed for any trading platform so they should promote makers.
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December 05, 2017, 04:52:24 PM
 #5

Oh, I'm definitely both, but not really for any specific reason. I generally have about 24 to 48 hours I give myself to complete trades (I trade on Localbitcoins especially), so always start by opening an advertisement setting a small fee to cover 1% maker's fee. So that makes me a maker first. As the window closes, I tend to want to close up shop quickly and sell the remainder to a trusted trader. That makes me a taker at the end of my window.

Makers get a lot of credit for applying value (price?), and I suppose in this current condition of high demand, they're appreciated. But I actually make a small percentage more as a maker, even after fees. So there's no real altruism motivating me there.

End of the day, none of this matters. A taker when convenience matters, a maker when not rushing for time.

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jam22
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December 06, 2017, 11:58:13 AM
 #6

It depends on the situation you're struggling with right now. But I prefer to be a maker.

NJB18
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December 09, 2017, 11:07:33 AM
 #7


So far all crypto trading fees I experienced with are reasonable enough. Take and maker depends on coin situations. You don't have wait on your own orders when the train looks starting to run.
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