#Gate广场小课堂
Placing orders and taking orders
Placing an order is a Maker, taking an order is a Taker.
The Maker provides liquidity to the market; the order is placed on the order book and does not execute immediately. Suitable when you are patient and want to save on fees.
The Taker directly consumes existing orders on the order book, executing immediately. Suitable when you are eager to enter the market and don't mind paying a small fee difference.
Simple memory aid: If you place an order, you are a Maker. If you click to buy directly, you are a Taker.
Placing orders and taking orders
Placing an order is a Maker, taking an order is a Taker.
The Maker provides liquidity to the market; the order is placed on the order book and does not execute immediately. Suitable when you are patient and want to save on fees.
The Taker directly consumes existing orders on the order book, executing immediately. Suitable when you are eager to enter the market and don't mind paying a small fee difference.
Simple memory aid: If you place an order, you are a Maker. If you click to buy directly, you are a Taker.







