What are Maker and Taker Orders?
KuCoin EU uses a Taker - Maker fee model for determining its trading fees. Orders that provide liquidity ("maker orders") are charged different fees than orders that take liquidity ("taker orders").
Taker Orders: You are classified as a Taker when your order executes immediately against existing orders in the order book. This typically occurs when placing market orders or limit orders that match instantly with available liquidity. Because taker orders reduce available liquidity, taker fees are applied as outlined in the trading fee schedule.
Maker Orders: Conversely, if your order does not match immediately and enters the market as a pending buyer or seller, you are classified as a Maker. Maker fees apply to these transactions, as they add liquidity to the market.
At KuCoin EU, makers typically benefit from lower fees compared to Takers, especially upon achieving VIP Level 1 status. This fee differentiation rewards users who contribute to market depth and liquidity. You may refer to the fee structure below:
| VIP Level | Maker/Taker |
|---|---|
| LV0 | 0.100% / 0.100% |
| LV1 | 0.095% / 0.100% |
| LV2 | 0.090% / 0.100% |
| LV3 | 0.075% / 0.090% |
| LV4 | 0.055% / 0.075% |
| LV5 | 0.035% / 0.055% |
| LV6 | 0.025% / 0.050% |
| LV7 | 0.015% / 0.042% |
| LV8 | 0.000% / 0.042% |
| LV9 | 0.000% / 0.040% |
| LV10 | 0.000% / 0.030% |
| LV11 | 0.000% / 0.028% |
| LV12 | 0.000% / 0.025% |
Partial Matching Considerations
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The portion that executes instantly is charged taker fees.
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The remaining portion becomes a pending order and, once executed, is charged maker fees.
Important Risk Disclosure
Trading digital assets involves risks, including price volatility, liquidity fluctuations, and potential financial loss. Fee structures, including maker/taker models, may impact trading outcomes. This explanation is provided for informational purposes only and does not constitute financial advice, investment guidance, or a recommendation under MiCAR or MiFID. Users should assess whether spot trading is appropriate for their individual circumstances and seek independent advice if necessary.
For more detailed information on the fee rates at KuCoin EU, you may review our Trading Fee Rate page.
We hope this article has been helpful. If you have any other questions, please reach out to our 24/7 customer support via online chat or submit a ticket.