“Market Maker” means a transaction or trade of Digital Assets which creates or adds liquidity to the relevant Digital Assets market. An Order from one user which is not filled, executed or matched with an existing Order from another user at about the time it is submitted is a Market Maker.
“Market Taker” means a transaction or trade of Digital Assets which removes liquidity from the relevant Digital Assets market. An Order from one user which is filled, executed or matched with an existing Order from another user at about the time it is submitted is a Market Taker.