What Are Crypto Maker and Taker Fees?

A maker fee is a fee charged to a trader who adds liquidity to the order book by placing a limit order below the ticker price for a buy and above the ticker price for a sell. A taker fee is a fee charged to a trader who removes liquidity from the order book by placing a market order or a limit order executed against an existing order on the order book. For example, let's say the current market price…