What Does Maker-Taker Mean?

Maker: A maker is a party whose order exists on the order book before the trade occurs. Makers are incentivized because their orders make the liquidity in a market.

Taker: A taker is a party who places an order that matches the makers' order. Takers are the ones who remove this liquidity by taking makers' orders with their own.

Please watch this video to learn how to become a maker.