A taker order is a buy or sell order that takes liquidity in the order book. It is directly matched with the best price offered.
The taker order differs from the maker order, which brings liquidity to the market because it is not directly executed.
The taker will 'match' directly with one or more maker orders.
Written byTeam Paymium
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What is a taker order?
Team PaymiumEditorial team, Paymium
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