Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
The Difference Between a Maker and a Taker: Key Cryptocurrency Exchange Fees
On cryptocurrency exchanges, every trader encounters two types of fees that directly depend on their trading style. Understanding the difference between a maker and a taker is crucial for optimizing trading costs.
What is a Maker and Its Role in Trading
A maker is a trader who places a new order on the market, thereby adding liquidity. For example, if you place a limit buy order for Bitcoin at a specific price that is not yet available on the market, you are acting as a maker. Maker fees are usually lower because these traders help the market function by providing liquidity to other participants.
Taker: Removing Existing Orders
A taker is a trader who executes an existing order, meaning they take liquidity from the market. If you click the buy button at the current market price, you are a taker because you are filling an active seller’s order. Taker fees are generally higher because such actions reduce available liquidity.
Practical Significance for Traders
The difference between these roles directly affects your trading expenses. Active traders often try to be makers to pay lower fees. On the Gate.io platform, this system works clearly and transparently, allowing experienced traders to significantly reduce their costs through strategic order placement.