Maker and Taker Fees Explained

Most exchanges charge a maker fee when your order adds liquidity to the order book (for example a limit order that does not fill at once) and a taker fee when your order removes liquidity (for example a market order). Taker fees are usually higher.

Example

If the taker fee is 0.10% and you buy 1,000 USDT worth of a coin with a market order, you pay 1 USDT in fees. The same trade with a limit order that rests on the book would be charged the maker fee instead.

Ways to pay less

Use limit orders where it makes sense.
Check VIP tiers based on volume or balance.
Check whether paying fees with the exchange token gives a discount.
Remember deposit, withdrawal and funding costs too, not only trading fees.

Frequently asked questions

Why are maker fees lower?

Makers add liquidity to the order book, which exchanges want to encourage, so they often pay less or nothing.

How can I pay lower trading fees?

Use limit orders that rest on the book, reach higher volume tiers, or use the exchange token discount where offered.

What fee does TradeReviewed show?

The base-tier maker and taker fee for a regular user, from the official fee page, with the date we checked it.