A maker order is an order that is not executed immediately after it is placed on the orderbook.
You can only place a maker order with a limit order, but a limit order is not necessarily a maker order.
※If you want to ensure that your order will be placed with a maker, please be sure to check the PostOnly function to place your order.
・The following explains how to place a maker order for the BTC/JPY pair.
1. On the order screen, select "Limit Order" and "Buy", specify the "Price" and "Quantity" you wish to purchase, and tap the"Order".
※Please be sure to check the PostOnly function to place your order.
※To place an order on the ordebook, the order will be placed at a price (7,115,760) which is less than the market price (7,116,730).
2. The order is placed and will be lined up on the buy orderbook. Market price fluctuations cause the market price to reach the order price, and the order is executed at the maker.
3．Tap the "✕" at the bottom of the order screen to return to the trade screen, where you can view your " Trade History" in the "History" section. You can see that the order is executed by the maker in the "M/T" column.
※The relevant order has been given a commission for the maker order.
Points to note
・When placing a limit order, there is a time lag between the time that order is placed and the time it responds to the orderbook, so the "maker/taker" status may change.
・Limit order at a price far from the current market price is more likely to become a maker order, but there is a higher possibility that the order will not be executed.