River Intelligence

Sign up for our curated weekly newsletter delivering exclusive market insights to your inbox.

Invest in Bitcoin.

green checkmark

Human Support

green checkmark

Track Performance

green checkmark

Recurring Buys

Taker


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.