It is free to register and deposit Crypto on Vaultoro. Trading fees apply when you want to buy or sell Cryptocurrencies and precious metals.
The maker and taker model is a way to differentiate fees between trade orders that provide liquidity ("maker orders") and take away liquidity ("taker orders"). Maker and taker trade orders are charged different fees.
Taker Orders
If an order is immediately matched to an existing order on the order book it becomes a Taker order.
It removes liquidity from the order book.
This order will be charged a taker fee.
All market orders are always charged taker fees.
Maker Orders
If an order is not matched immediately to an existing order on the orderbook it becomes a Maker order.
It is added to the order book and provides liquidity.
This order will be charged a maker fee.