1. Makers and Takers The cryptocurrency trading market consists of makers and takers. Makers are traders who create orders and place them in the order book, waiting for others to complete the orders.1. Makers and Takers The cryptocurrency trading market consists of makers and takers. Makers are traders who create orders and place them in the order book, waiting for others to complete the orders.
What Are Makers and Takers?
1. Makers and Takers
The cryptocurrency trading market consists of makers and takers. Makers are traders who create orders and place them in the order book, waiting for others to complete the orders. Takers are traders who accept existing orders from the order book. The main distinction between the two is that makers provide liquidity, while takers consume liquidity.
For exchanges that utilize a trade matching mechanism, makers fill a more important role, as they can enhance the depth of the order book, thereby increasing the platform's attractiveness as a trading venue.
2. Order Book Matching Mechanism
This is a matching mechanism that matches orders from both buyers and sellers. Makers create orders at different price levels, which are recorded in the order book, while takers match corresponding price level orders to complete trades.
Let's use a simple example to illustrate. If you want to buy MX tokens at a price of 3 USDT, there must be makers in the market selling MX at 3 USDT or less. Otherwise, you cannot make the purchase. Every completed trade requires both buyers and sellers. Otherwise, orders cannot be executed.
Most centralized exchanges use this order book matching mechanism. The advantages of this model include its simplicity (it's easy for users to understand), its versatility (traders can set orders like stop-loss), and its rapidity (quick trades reduce losses due to slippage).
3. Market Liquidity
When both parties in a market trade can quickly complete asset exchanges at the expected price, it indicates a healthy market liquidity. Popular tokens like BTC, ETH, and MX typically have good liquidity. However, less-traded tokens may have difficulty completing trades, indicating a lack of liquidity. This phenomenon is particularly common among NFTs.
In the example mentioned earlier, MX is a token with exceptional liquidity, resulting in a large number of trades taking place in the market. For tokens with poor liquidity, it can be challenging to sell assets at the desired price, and achieving a trade might require a significant price reduction.
This also highlights a drawback of using the order book matching mechanism. In scenarios where market liquidity is lacking, the trading experience for makers can be poor.
4. How to Know If You're a Maker or a Taker
The simplest way to know whether you are a maker or a taker is by learning their concepts and characteristics. A maker is someone who creates an order, providing liquidity and the best possible execution price to the market. On the other hand, a taker is someone who immediately completes an order, consuming existing liquidity rather than contributing to it.
If the order you placed does not appear on the order book and is immediately filled, you are undoubtedly a taker. This is why market orders are classified as taker orders, as they are designed for immediate execution.
If the order you placed is not immediately filled but appears on the order book, it increases the order quantity on the order book, thereby contributing liquidity to the market. Hence, your trade is considered a maker order.
5. How to View Order Roles on MEXC
When it comes to your order history, MEXC offers comprehensive data, showing the role you played in each trade. You can access this information through both the website and app.
5.1 Website
Log in to the MEXC official website. Click on [Orders] in the upper right corner and select [Spot Orders]. On the Spot Orders page, click the [Trade History] tab, and you can check your past spot orders to see if you were the taker or maker in each trade.
Similarly, on the MEXC official website, click [Orders] in the upper right corner, and select [Futures Order]. On the Orders page, click the [Order History] tab, and select [Filled History] for the order type. You can check your past futures orders to see if you were the taker or maker in each trade.
5.2 App
Log in to the MEXC App. On the homepage, tap on the user icon in the upper left corner. Then, tap on [Transactions], select [Spot Orders], and tap the [Trade History] tab to check your past spot orders to see if you were taker or maker in each trade.
Log in to the MEXC App. On the homepage, tap on the user icon in the upper left corner. Then, tap on [Transactions], select [Futures Orders], and tap the [Order History] tab. Under the filtering options below, select [Filled History], and you can check your past orders to see if you were the taker or maker in each trade.
Disclaimer: The information entailed does not offer guidance on investment, taxation, legal matters, finance, accounting, consulting, or any related services. It does not suggest buying, selling, or holding any assets. The MEXC Learn serves purely as an informational resource and should not be considered investment advice. Make sure to fully comprehend the associated risks and proceed with caution in your investment endeavors. All user investment activities are independent of this platform.
市场机遇
Orderly Network实时价格 (ORDER)
$0.0283
$0.0283$0.0283
USD
Orderly Network (ORDER) 实时价格图表
热门加密动态
查看更多
百度财报前瞻：AI Cloud 在 79% 增速之后还能撑住吗
概述 百度将于 2026 年 8 月 18 日美股开盘前公布第二季度业绩，管理层随后于美东时间上午八点、北京时间当日晚八点召开电话会。据百度投资者关系网站的公告，本次披露覆盖截至 6 月 30 日的第二季度。 上一季度的数字构成了一个不容易复制的基准。据百度第一季度业绩公告，AI 云基础设施收入为 88 亿元人民币，同比增长 79%，GPU 云收入同比增长 184%。据 Futu 的财报梳理，AI
AI财报强劲为何部分龙头股逆势大跌？从无差别追涨到业绩重估的市场新阶段
概述 随着 2026 财年中期财报季的密集披露，全球人工智能概念股的走势呈现出前所未有的剧烈分化。尽管半导体设备领军企业应用材料（Applied Materials, AMAT）交出了营收同比增长 25% 且调整后每股收益飙升 41% 的创纪录答卷，其股价在盘后依然下跌超过 5%；网络巨头思科系统（Cisco, CSCO）宣布全财年 AI 基础设施订单暴增至 93 亿美元并上调全年指引，股价却在次
苹果中国AI策略再次转变：联手阿里巴巴自研大模型意味着什么？
概述 美东时间 2026 年 8 月 14 日，根据路透社独家报道，苹果公司（Apple Inc.）已针对中国大陆市场训练并构建了专有的自研大语言模型，并获得了中国科技巨头阿里巴巴的技术与基础设施支持。这一举措标志着苹果在大中华区的生成式人工智能落地策略发生了根本性转变。此前，市场普遍预期苹果将完全依赖中国本土第三方大模型服务商来填补 ChatGPT 与 Claude 在中国市场的空白。随着中国国
热门新闻
查看更多
Aster推出Shield Mode：提供高达1001倍杠杆的保护性交易功能
Aster推出了Shield Mode，这是一项保护性交易功能，提供高达1001倍的杠杆，同时融入旨在缓解高杠杆头寸相关风险的保障机制。该功能还承诺零滑点、零Gas费和簿外订单执行。
币安巨鲸在比特币跌破86,000美元时损失1,158万美元
一名币安大户在比特币跌破86,000美元时，其BTC/USDT多头头寸遭到1,158万美元的强制平仓。整个头寸在一笔订单中被清算，展示了在剧烈抛售压力期间杠杆加密货币交易的无情本质。
相关文章
查看更多
如何下载 MEXC App：Android、APK、iOS，以及 App Store 找不到时该怎么办
在多数国家，你可以直接从 Google Play 或 Apple App Store 下载 MEXC App；在商店未上架的地区，Android 用户可从 mexc.com/download 安装官方 APK；其余所有情况，则可用 mexc.com 的网页版。 如果你打开应用商店、输入 MEXC 却什么都搜不到，那是因为该 App 在你所在的国家没有上架，而不是你的手机出了问题。 本文将说明哪一种
MEXC 交易手续费与资金费率全解析：现货与合约费率最新指南
无论是在加密货币领域摸爬滚打多年的职业交易员，还是刚刚接触交易的新手，了解交易相关费率都是熟悉交易规则、提升交易体验的必经之路。MEXC 作为全球领先的加密货币交易平台，提供清晰透明的费率体系，帮助交易者在合约与现货交易中更好地管理成本。1. 合约交易相关费率1.1 交易手续费在 MEXC 合约交易中，用户会有两种身份：挂单（Maker）：当前所下的限价单并未与当前挂单（Maker）成交，并被放在
什么是 MEXC 理财
1. 什么是 MEXC 理财MEXC 理财是 MEXC 推出的帮助用户发现多种持币产品机会的一站式服务平台，涵盖活期理财、定期理财与链上赚币等多种产品，致力于为用户提供多元化的资产增值解决方案。*BTN-前往理财&BTNURL=https://www.mexc.com/staking*2. MEXC 理财产品类型MEXC 提供多种金融产品供用户选择，当前支持活期理财、定期理财、链上赚币等。未来 M
