River Logo
Basics Markets Storage Mining Taxes Technology News
Search
River.com Buy Bitcoin
Glossary

Taker

1 min read

A taker order occurs when a trader places an order that executes immediately by matching with an existing maker order on an exchange’s order book. This will always occur with a market order and can also occur with a limit order that has a limit price which can be met instantly.

Taker orders remove liquidity from an exchange’s order book. It is common for exchanges to charge higher fees to taker orders as a result of this removed liquidity.

Related Terms
Maker
A maker order is an order that does not execute immediately. Maker orders create the liquidity on a market that allows taker orders to execute.
Learn more.
Liquidity
Liquidity is a measure of how easily an asset can be traded on financial markets. The depth of an order book is often cited as a measure of liquidity.
Learn more.
Order Book
An order book is the list of all the pending orders for a particular asset. Order books help traders understand market activity.
Learn more.
Depth Chart
A depth chart is the graph of all the pending orders for a particular asset. Depth charts help traders understand market activity.
Learn more.
Explore More Terms →

Buy Bitcoin instantly with River today

Buy bitcoin
River Logo

NMLS ID#1906809

© 2025 River Financial Inc. All rights reserved.

River iOS app River Android app

Product

Sign Up Buy Bitcoin Zero Fees River Link Security Bitcoin Price Private Client Business Bitcoin Inheritance Mining

Company

About Developers Careers Newsroom Areas of Availability

Support

Help Center Contact Support Site Status

Social

Social media icon for Twitter Twitter Social media icon for LinkedIn LinkedIn Social media icon for GitHub GitHub

Learn

Bitcoin Basics Bitcoin Markets Bitcoin Storage Bitcoin Mining Bitcoin Taxes Blockchain Technology Bitcoin News Bitcoin Glossary

Featured Articles

What Is Bitcoin? Why Does Bitcoin Have Value? How to Buy Bitcoin

River Intelligence

Market Insights Company Announcements Bitcoin Engineering Newsletter

Legal

Licenses & Disclosures Privacy Policy Terms of Service