What Is a Maker? What Is a Taker?

On the iCoin trading platform, Maker and Taker fees are the same.

Whether you provide or consume liquidity, the fee rate is identical.

I. Definition of Maker and Taker

Maker:

A limit order that does not execute immediately Provides liquidity to the market Usually lower fees on other exchanges, but not on iCoin

Taker:

An order that executes immediately Consumes market liquidity Typically higher fees elsewhere, but equal on iCoin

II. iCoin Fee Rules

Same fee rate for both Maker and Taker

Examples:

Limit order as Maker → Fee = X% Limit order executed immediately → Fee = X% Market order (always Taker) → Fee = X%

III. Why Doesn’t iCoin Differentiate Fees?

Simpler trading experience Friendly to high-frequency traders Fair cost structure

IV. How to Optimize Trading Strategy

Maker:

Suitable when not in a rush Potentially better execution price

Taker:

Ideal for fast execution Useful in volatile markets

V. Summary

iCoin does not differentiate Maker/Taker fees 

Maker = provides liquidity 

Taker = executes immediately 

Choose strategy based on market conditions