A maker order rests in the book and waits — it makes liquidity available. A taker order executes against something already there — it takes that liquidity away. Exchanges charge takers more because resting orders are what make the venue tradable, and the fee difference is the incentive that keeps books populated.
The gap is usually a few basis points, and both tiers typically fall as monthly volume rises or as a native exchange token is held. For anyone trading frequently the difference compounds into a meaningful cost, which is why fee schedules are worth comparing alongside spreads rather than separately from them.
How do I make sure I pay the maker fee?
Use a limit order priced so it cannot execute immediately, and enable the post-only flag if the venue offers it — that cancels the order rather than letting it cross the spread and become a taker.
Last updated October 17, 2026