Albert RobertsonBearishWho a Taker Is and How Takers Remove Liquidity from the Order Book
Every time you place a trade on an exchange, you are either adding liquidity to the market or taking it away, and this distinction matters for your trading costs. If your fees seem higher than expected, the answer often lies in one question: are you a maker or a taker? This guide explains who a taker is, how taker orders remove liquidity, and why takers generally pay higher fees.