{"id":7019,"date":"2024-05-27T14:48:43","date_gmt":"2024-05-27T14:48:43","guid":{"rendered":"https:\/\/paybis.com\/blog\/?post_type=glossary&p=7019"},"modified":"2024-05-27T14:48:44","modified_gmt":"2024-05-27T14:48:44","slug":"taker","status":"publish","type":"glossary","link":"https:\/\/paybis.com\/blog\/glossary\/taker\/","title":{"rendered":"Taker"},"content":{"rendered":"\n

<\/a>Who is a Taker? <\/strong><\/h2>\n\n\n\n

A taker is a market participant that executes and completes a trade that was placed on an orderbook. By executing the buy or sell order<\/a> created on the orderbook, takers remove liquidity from the market.<\/p>\n\n\n\n

Market takers are charged a taker fee since they get the freedom to enter and exit a position instantly.<\/p>\n\n\n\n

Takers are understood better by comparing their roles with their counterparts known as Makers. Market makers are traders who add liquidity<\/a> to the market when they initiate a trade. They are motivated by the fees earned<\/a> from the taker, and the potential benefit from the spread difference between the buy and sell orders during market volatility.<\/p>\n\n\n\n

Takers are attracted to exchanges<\/a> with deep liquidity and favorable placed orders. This increases trading volume and attracts more takers (and makers).<\/p>\n\n\n\n

Browse the Paybis Glossary to master more web3 lingo!<\/em><\/p>\n\n\n\n

Alternatively, explore related terms and articles below.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A taker is a person or an entity that executes a trade by accepting a previously submitted order. By executing the buy or sell order created on an orderbook, takers remove liquidity from the market<\/p>\n","protected":false},"featured_media":0,"template":"","glossary_letter":[289],"glossary_term":[276,284,285],"class_list":["post-7019","glossary","type-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nWho is a Taker in Crypto? - Paybis<\/title>\n<meta name=\"description\" content=\"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/paybis.com\/blog\/glossary\/taker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Who is a Taker in Crypto? - Paybis\" \/>\n<meta property=\"og:description\" content=\"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers\" \/>\n<meta property=\"og:url\" content=\"https:\/\/paybis.com\/blog\/glossary\/taker\/\" \/>\n<meta property=\"og:site_name\" content=\"Paybis Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Paybis\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-27T14:48:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/07\/og-individuals.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@paybis_com\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/paybis.com\/blog\/glossary\/taker\/\",\"url\":\"https:\/\/paybis.com\/blog\/glossary\/taker\/\",\"name\":\"Who is a Taker in Crypto? - Paybis\",\"isPartOf\":{\"@id\":\"https:\/\/paybis.com\/blog\/#website\"},\"datePublished\":\"2024-05-27T14:48:43+00:00\",\"dateModified\":\"2024-05-27T14:48:44+00:00\",\"description\":\"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers\",\"breadcrumb\":{\"@id\":\"https:\/\/paybis.com\/blog\/glossary\/taker\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/paybis.com\/blog\/glossary\/taker\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/paybis.com\/blog\/glossary\/taker\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/paybis.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glossary\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/paybis.com\/blog\/#website\",\"url\":\"https:\/\/paybis.com\/blog\/\",\"name\":\"Paybis Blog\",\"description\":\"A Tribute to Blockchain Tech and Cryptocurrency Adoption\",\"publisher\":{\"@id\":\"https:\/\/paybis.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/paybis.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/paybis.com\/blog\/#organization\",\"name\":\"Paybis Blog\",\"url\":\"https:\/\/paybis.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/paybis.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/01\/e60675e736aa42dcba29dde94f4efdf82a001656.png\",\"contentUrl\":\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/01\/e60675e736aa42dcba29dde94f4efdf82a001656.png\",\"width\":268,\"height\":72,\"caption\":\"Paybis Blog\"},\"image\":{\"@id\":\"https:\/\/paybis.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Paybis\/\",\"https:\/\/x.com\/paybis_com\",\"https:\/\/www.instagram.com\/paybis\/\",\"https:\/\/www.linkedin.com\/company\/paybis-com\",\"https:\/\/www.youtube.com\/c\/Paybis\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Who is a Taker in Crypto? - Paybis","description":"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/paybis.com\/blog\/glossary\/taker\/","og_locale":"en_US","og_type":"article","og_title":"Who is a Taker in Crypto? - Paybis","og_description":"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers","og_url":"https:\/\/paybis.com\/blog\/glossary\/taker\/","og_site_name":"Paybis Blog","article_publisher":"https:\/\/www.facebook.com\/Paybis\/","article_modified_time":"2024-05-27T14:48:44+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/07\/og-individuals.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@paybis_com","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/paybis.com\/blog\/glossary\/taker\/","url":"https:\/\/paybis.com\/blog\/glossary\/taker\/","name":"Who is a Taker in Crypto? - Paybis","isPartOf":{"@id":"https:\/\/paybis.com\/blog\/#website"},"datePublished":"2024-05-27T14:48:43+00:00","dateModified":"2024-05-27T14:48:44+00:00","description":"Discover the roles of takers in the crypto market, how they execute trades, and influence the market, and how they differ from market makers","breadcrumb":{"@id":"https:\/\/paybis.com\/blog\/glossary\/taker\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/paybis.com\/blog\/glossary\/taker\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/paybis.com\/blog\/glossary\/taker\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/paybis.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Glossary"}]},{"@type":"WebSite","@id":"https:\/\/paybis.com\/blog\/#website","url":"https:\/\/paybis.com\/blog\/","name":"Paybis Blog","description":"A Tribute to Blockchain Tech and Cryptocurrency Adoption","publisher":{"@id":"https:\/\/paybis.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/paybis.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/paybis.com\/blog\/#organization","name":"Paybis Blog","url":"https:\/\/paybis.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/paybis.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/01\/e60675e736aa42dcba29dde94f4efdf82a001656.png","contentUrl":"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/01\/e60675e736aa42dcba29dde94f4efdf82a001656.png","width":268,"height":72,"caption":"Paybis Blog"},"image":{"@id":"https:\/\/paybis.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Paybis\/","https:\/\/x.com\/paybis_com","https:\/\/www.instagram.com\/paybis\/","https:\/\/www.linkedin.com\/company\/paybis-com","https:\/\/www.youtube.com\/c\/Paybis"]}]}},"_links":{"self":[{"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/glossary\/7019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/types\/glossary"}],"wp:attachment":[{"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/media?parent=7019"}],"wp:term":[{"taxonomy":"glossary_letter","embeddable":true,"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/glossary_letter?post=7019"},{"taxonomy":"glossary_term","embeddable":true,"href":"https:\/\/paybis.com\/blog\/wp-json\/wp\/v2\/glossary_term?post=7019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}