What are maker and taker fees?

Maker fee is a fee that will be applied to users who create limit and stop-limit orders. Maker fee is applied because this type of order is not executed immediately, but traders must wait until there is another trader (buyer or seller) who is willing to accept the price they offer.

Meanwhile, taker fee is a fee that will be applied to users who make market and stop orders. Taker fee is applied because the order offer is received directly, where the order is immediately filled at the best available price.