Taker fee

Because taker orders consume resting liquidity instead of adding it, exchanges typically charge them a higher rate than maker orders to reflect that difference in how they affect the book.

For example, a $1,000 market order at a 0.1% taker fee costs $1.00 in fees; scaled up, $1,000,000 of trading volume in a month at that same 0.1% rate adds up to $1,000 in fees.

A common mistake is comparing exchanges only on a headline '0% fee' promotion without checking whether that rate applies to maker orders, taker orders, a specific asset, or only a limited promotional period.