# Contract Maker In the context of order book trading, a **contract Maker** refers to a trader who provides liquidity to the market, also known as the "order placer". Makers first set the price and quantity of their orders and list them, waiting for other users to match and execute the trades. If there are no matching orders in the market temporarily, the order remains on the exchange's order book, providing pricing for the market. For example, in Bitcoin contract trading, traders who submit limit orders are Makers. They specify the exact price at which they wish to trade, and their orders queue in the order book for matching, which may not be executed immediately. In contrast, **contract Takers** (liquidity takers) actively execute trades with existing listed orders. They place orders of a certain quantity based on the prices of existing orders in the exchange's order book to complete transactions immediately, acting as liquidity extractors. Generally, Makers enjoy lower trading fees because they add liquidity to the market, while Takers pay higher fee rates. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.gtokentool.com/en/contract-maker.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.