You are a maker when you place an order that does not fill immediately and waits in the book for someone else - you add liquidity. You are a taker when you fill an order that is already there - you remove it. Many venues charge makers lower fees for that reason.
The same idea explains P2P ads. The person who posts the ad is the maker: they set the price, the limits, the payment methods and the rules, then wait. The person who opens an order on it is the taker, accepting those terms. Takers get speed and certainty; makers get to set the terms. Reading the ad before you take it is what keeps the deal fair.
💬 On P2P, do you usually post ads or take them?
Binance Academy covers this in more depth: https://www.binance.com/en/academy/glossary/maker
Next lesson: Phishing starts with a link that looks right
Trading crypto from Dubai since 2019.