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What is Maker Fee?

The fee charged when you place a limit order that adds liquidity to the order book — typically lower than taker fees as an incentive for providing liquidity.

A maker fee applies when your order is placed on the order book and waits for a counterparty to fill it. By "making" liquidity available, you help the exchange function — in return, you pay a lower fee (or in some cases, receive a rebate).

When you pay maker fees:

You pay maker fees when you place a limit order that does NOT immediately fill:

  • Placing a buy limit order below the current price
  • Placing a sell limit order above the current price
  • Your order rests in the order book until price reaches it.

    Maker fee rates across major exchanges:

    ExchangeFutures Maker Fee
    MEXC**0.000%**
    Phemex0.010%
    Binance0.020%
    Bybit0.020%
    OKX0.020%
    KuCoin0.020%
    BingX0.020%

    Maker vs. taker fees:

    Maker fees are always lower than taker fees on the same exchange. The difference exists because exchanges want to incentivise liquidity provision — tight spreads and deep order books attract more traders.

    Maximising maker fills:

  • Enter limit orders slightly inside the spread (not at the market price)
  • Be patient — maker fills take time in slower markets
  • In high-volatility conditions, market orders may be necessary at the cost of taker fees
  • Using maker orders consistently can cut your annual trading costs by 30–60% depending on the exchange.

    → [Calculate maker fee impact](/calculators/trading-fee-calculator)

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