The Maker first offers the price and quantity, and then the Taker takes the initiative to complete a transaction with the consigned order.
• Maker refers to the party sets up a commission order to hang up on the order book, limit its price and quantity, and wait for other users to take the order.
If there is no matching order in the market temporarily, then the order will always be offered on the order book of the exchange for the whole market.
• Taker refers to taking the initiative to complete the order that has been hung in the market, that is, according to the price of the order in the exchange, a certain number of orders are issued, and the orders are traded immediately.
If there is a large demand quantity from the Taker, and the demand cannot be met temporarily, then the demand will become a new entrustment order, which will be hung on the order book and continue to wait for the transaction to be completed.