Market Maker refers to traders who place Limit Orders on Tokenomy Exchange. Limit Orders do not immediately fill at current market prices after being placed. Your order will be placed on the order book to buy or sell at a desired price level until it matches the market price. This is known as providing liquidity to the market. The benefit as a market maker is 0% market maker trading fees from both buy and sell limit orders. However, you will have to wait until the price matches your desired Limit Order Price level before being filled, which may or may not happen depending on market movements.
Market Taker refers to traders who place Market Orders on Tokenomy Exchange. A market taker executes a buy or sell order based on the current market price that is listed on the order book, without setting a desired price level. This is known as taking liquidity from the market. The benefit as a market taker is that you will be able to fill your order immediately, or much quicker than a Limit Order. However, you will be charged 0.25% in market taker trading fees (TEN holders will be charged at discount trading fees of 0.125% by using TEN).