Maker vs taker fees: how crypto exchanges charge for trades
By SendPay Business · · 2 min read
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Many crypto exchanges charge two different trading fees. A taker fee applies when your order fills straight away against orders already waiting. A maker fee applies when your order waits on the order book until someone else fills it.
Makers and takers
A maker adds an order to the book, such as an offer to buy at a price below today's. A taker removes liquidity by accepting a price that is already on offer. Exchanges often charge makers less because waiting orders make the market deeper for everyone.
A worked example
On an exchange charging 0.1% to makers and 0.2% to takers, a £1,000 trade costs £1 as a maker and £2 as a taker. That difference adds up quickly for people who trade often.
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Questions people ask
What will maker and taker fees cost me?
Work out your crypto trading fees per trade and per month, free.
Maker vs taker fee calculator →What is a crypto exchange?
A platform where people buy, sell and swap crypto.
What is a crypto exchange? →How do I launch a crypto exchange?
A step-by-step guide to launching your own.
Launch a crypto exchange →Read next
Spotted a mistake or something out of date? and we'll fix it. How our guides are made
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. Other companies named in this guide are reference points only and are not affiliated with SendPay Business.