To help users better understand the trading mechanism and fee rules, SaviCoin will provide a detailed explanation of what “Maker” and “Taker” orders are.
1. What is a Maker?
A Maker order refers to:
When a user places an order, it does not get executed immediately but instead enters the order book waiting for other users to match it.
Simply put, you are “providing market liquidity.”
Example:
The current BTC market prices are:
• Best bid price: 60,000 USDT
• Best ask price: 60,010 USDT
If you:
• Place a buy order at 59,900 USDT
• Or place a sell order at 60,100 USDT
Since the price cannot be immediately matched, the order will enter the market waiting to be filled.
This type of order behavior is called:
Maker
2. What is a Taker?
A Taker order refers to:
When a user places an order that immediately matches with existing orders in the market.
Simply put, you are “consuming market liquidity.”
Example:
The current BTC market prices are:
• Best bid price: 60,000 USDT
• Best ask price: 60,010 USDT
If you:
• Buy BTC directly at market price
• Or buy directly at 60,010 USDT
The system will execute the trade immediately.
This type of order behavior is called:
Taker
3. Differences between Maker and Taker
| Type | Immediate Execution? | Provides Liquidity? | Common Order Types |
| Maker | No | Yes | Limit Orders |
| Taker | Yes | No | Market Orders / Immediate-or-Cancel Limit Orders |
4. Why do exchanges distinguish between Maker and Taker?
Because:
• Makers increase market depth
• Improve trading liquidity
• Make market prices more stable
Therefore, most trading platforms offer more favorable fees for Makers.
5. SaviCoin Trading Fee Explanation
Currently, SaviCoin’s mainstream trading pairs adopt:
Unified low fee rate: 0.03% (0.0003)
Whether you are:
• A Maker
• Or a Taker
You enjoy a transparent, unified, and low-cost trading experience.
No complicated VIP levels,
No additional position holding requirements,
No need to differentiate complex fee structures.
Truly achieving:
Simple, transparent, and efficient.
6. How to choose between Maker or Taker?
Suitable situations for using Maker:
• Want to reduce trading costs
• Not in a hurry to execute immediately
• Want to set your ideal price
Suitable situations for using Taker:
• Want fast execution
• Market is highly volatile
• Need to enter or exit the market immediately
7. Risk Warning
Digital asset trading is highly volatile. Please control your position size reasonably according to your own risk tolerance and fully understand the trading rules before operating.
SaviCoin will continue to optimize the trading experience to provide users with a more transparent, safe, and efficient digital asset trading environment.
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