CRYPTO GLOSSARY

Maker and taker

A maker's order adds to the order book and waits. A taker's order takes an existing offer. Many exchanges charge makers less.

Maker and taker in more detail

Trading fee. A percentage of each trade. Many exchanges charge less if your order adds to the order book (a maker) than if it takes an existing offer (a taker). Limit orders that wait are usually maker orders.

FROM LESSON 15 · 4 MIN READOrder types and trading feesMarket orders, limit orders and stop orders behave differently, and fees come in several forms. Learn how each works and how to find the real cost of a trade.Read the lesson

All 128 terms · Checked against the lesson's sources on 8 October 2026.

BY EMAIL

The course by email

Five short emails to get you started, each built on one lesson. After that, one short email a month about what is new. No price tips and no hype.

Free. Unsubscribe any time. See our privacy notice.