Glossary - ChicksX

Maker is a trader who provides liquidity by placing limit orders on an exchange, setting buy or sell prices.

Maker is a participant in a crypto/fiat exchange who provides liquidity by placing limit orders. These orders set specific buy or sell prices, waiting for another trader to match them. Makers help create market depth and stability by ensuring there are always orders available for other traders to transact against. In return for providing this liquidity, makers often pay lower fees compared to takers. Makers play a crucial role in the exchange ecosystem, facilitating smoother and more efficient trading. Their presence ensures that there is a continuous flow of transactions, benefiting all market participants.