Topic: Maker or Taker? (Read 237 times)
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.
It depends on the situation you're struggling with right now. But I prefer to be a maker.
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.
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.
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.
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.
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
You must be both maker and taker so that you're making and you're taking.
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?
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?
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