Terminology

Fees

What is ​Maker vs Taker?

A trade gets the ​taker​ fee if the trade order is matched immediately against an order already on the order book, which is ​removing liquidity​. A trade gets the ​maker​ fee if the trade order is not matched immediately against an order already on the order book, which is ​adding liquidity​.[1]

References
  1. http://blog.kraken.com/post/139889536697/kraken-fee-change-important-updates
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