BitNasdaq stands out as the best choice for VIP traders in the cryptoverse. With its tiered VIP system, transparent fee structure, and generous benefits, it gives power to users to trade more while paying less. Whether you're a Margin Trader, or a Futures Trader, or simply just enjoy Spot Trading, BitNasdaq rewards your volume and loyalty.

Welcome To VIP & My Fee, The BitNasdaq VIP Levels

BitNasdaq’s VIP & My Fee page serves as the hub for traders aiming to climb the VIP ladder. Available on both the website and mobile app, this dedicated page allows users to track VIP level progress, view tier-based trading fees, and apply for VIP upgrades. The program is designed to recognize and reward active traders through a tiered system that delivers better trading conditions with each level up.

Each VIP level offers progressively lower Maker and Taker fees, meaning the more you trade, the less you pay. But BitNasdaq doesn't stop there, it also provides exclusive VIP gifts, priority support services, and unique benefits for high-volume users. BitNasdaq’s VIP program creates a personalized, incentive-driven experience that’s difficult to match.

Upgrading the VIP levels is simple, just trade or recharge according to the tier requirements. As you engage more with the platform, BitNasdaq automatically tracks your 30-day trading volume and adjusts your status accordingly. With nine VIP tiers to reach and a clear fee structure tied to each, the path to becoming a top-tier trader is fully transparent and highly rewarding.

Understanding The VIP System At BitNasdaq

BitNasdaq’s VIP program is built to incentivize and reward trading activity through a clearly defined tier structure. The system consists of nine levels, each requiring a minimum 30-day USDT-M Futures trading volume, 30-day Spot/Margin trade volume, and 30-day account recharge to qualify. As your volume increases, so do your perks.

For instance, achieving VIP 1 requires a trading volume of 200,000 USDT, while VIP 9 demands over 4 million USDT. Each tier unlocks progressively lower Maker and Taker fees, starting from 0.09%/0.14% and dropping all the way to 0.01%/0.01% at the highest level. Beyond fee discounts, VIPs gain access to premier rewards like BitNasdaq branded gifts, exclusive promotions, and 24/7 dedicated support.

You can even import your trading history from other exchanges to qualify for a VIP level on BitNasdaq. This competitive feature is great for traders switching platforms, offering them immediate benefits based on past performance. Whether through spot, futures, or margin trading, the VIP system rewards loyalty and volume while making trading more profitable and enjoyable.

How "My Fee" Helps You Monitor Your Trading Costs

The "My Fee" section on BitNasdaq is a powerful tool for managing and optimizing your trading costs. It offers real-time insights into the exact Maker and Taker fees you’re paying based on your VIP tier and the specific cryptocurrencies you're trading.

By visiting the VIP & My Fee page, you can access a dropdown menu to check fees for individual trading pairs. This transparency empowers traders to make informed decisions and adjust their strategies accordingly. Whether you’re planning a big move in futures or managing multiple margin trades, knowing your fee rate helps you manage profitability and strategies better. Additionally, "My Fee" tracks your 30-day trading volume, helping you monitor your eligibility for the next VIP upgrade. This way, you’re always aware of how close you are to your next level and the additional savings and perks it brings. In short, “My Fee” is like your financial dashboard for smarter trading.

What Is A VIP Level In A Cryptocurrency Exchange?

A VIP level in a cryptocurrency exchange represents a status tier that a trader achieves based on their trading activity, specifically the volume they handle over a given period. Most exchanges implement this system to encourage higher engagement by offering tangible benefits as traders climb the tiers. BitNasdaq takes this concept further by integrating it into their core platform experience through the VIP & My Fee page.

On BitNasdaq, VIP levels are awarded based on your 30-day USDT-M perpetual futures trading volume, 30-day Spot Trade volume, 30-day Margin Trade volume, and 30-day account recharge. The higher your trading volume, the higher your VIP level, and the greater your perks. These include reduced trading fees, special promotions, personalized support, and exclusive gifts. This tiered structure is especially beneficial for high-frequency or professional traders who aim to minimize costs and maximize gains.

In essence, VIP levels are a practical way to increase profitability and enhance your trading experience. Whether you’re upgrading your VIP level by trading futures, margin, or spot, BitNasdaq ensures every effort is met with rewards that scale with your growth.

A Quick Look At How VIP Tiers Work

BitNasdaq’s VIP tiers are determined by your trading volume over the past 30 days. The system is straightforward, the more you trade, the higher your VIP level. For instance, trading 500,000 USDT in futures qualifies you for VIP 2, while trading over 4 million USDT lands you in the elite VIP 9 category.

Each tier offers lower Maker and Taker fees. VIP 1 starts at 0.09% Maker and 0.14% Taker, but by the time you reach VIP 9, those drop to just 0.01% each. This fee reduction can significantly boost your profit margins, especially for high-frequency traders. The platform also offers perks like exclusive gifts, personal support, and the ability to track your progress in real-time. You can even use your trading history from other platforms to potentially qualify for a higher tier right away. BitNasdaq has built a smart, user-friendly VIP structure that truly rewards active traders.

Why Traders Aim For Higher VIP Statuses

For serious crypto traders, reaching a higher VIP level is a strategic move. Each upgrade unlocks a new level of savings, support, and perks. Reduced Maker and Taker fees directly impact your bottom line, especially if you're executing large or frequent trades.

Beyond the financial benefits, VIP traders on BitNasdaq enjoy a host of exclusive features. These include faster response times from customer service, access to exclusive promotions, and even premium gifts. For those who manage bigger trading portfolios or trade professionally, these perks translate into convenience, efficiency, and long-term savings.

Most importantly, BitNasdaq automatically tracks your trading volume and applies tier upgrades as you qualify. That means your efforts don’t go unnoticed, and every trade brings you closer to the next level. With each step up, the rewards grow, making getting to higher VIP status both appealing and rewarding.

The Benefits Of Upgrading Your VIP Level

Upgrading your VIP level on BitNasdaq delivers real financial and strategic advantages. As you ascend the tiers, trading becomes more cost-effective, thanks to the progressively lower Maker/Taker fees. This reduction directly increases profitability, especially for high-volume traders who execute numerous transactions daily.

The VIP Program isn’t just about fees, though. BitNasdaq goes further by providing premier gifts, access to exclusive offers, and 24/7 dedicated support for upper-tier members. This creates a trading environment for active users who want both performance and service. One of the standout benefits is automatic VIP tracking. Your 30-day trading volume is monitored in real-time, ensuring timely upgrades and clarity on your path forward. Plus, BitNasdaq accepts portfolio proofs from other exchanges, making it easier for experienced traders to transition to BitNasdaq and benefit immediately.

With a system that rewards volume and loyalty, upgrading your VIP level at BitNasdaq is a strategic move for anyone serious about crypto trading.

Reduced Fees, Exclusive Perks, And More

Higher VIP levels come with powerful perks that go far beyond reduced fees. While each level brings reduced Maker/Taker fee by 0.01%, you also unlock access to BitNasdaq's exclusive promotions and partner offers, giving you more value for your trading activity.

VIP users enjoy early access to new features and even account management support to their trading needs. Whether you're trading spot, futures, or margin, BitNasdaq ensures that your high activity doesn’t go unnoticed. The platform’s automatic tracking means every trade pushes you closer to your next VIP tier, bringing additional savings and benefits. This combination of financial incentives and special treatment makes upgrading not only beneficial but essential for frequent traders. Reduced trading costs plus premium service equals a better trading experience overall.

At BitNasdaq, the more you trade, the more you gain, plain and simple.

Why Levelling Up Pays Off At BitNasdaq

BitNasdaq's tier-based VIP system makes it simple, trading more truly pays off. With every level upgrade, you enjoy reduced fees that can significantly add up over time. At the highest tier, VIP 9, you’re paying just 0.01% per trade, a fraction of the standard fee.

But that’s not all. BitNasdaq offers a host of non-financial perks as you upgrade. These include VIP-only promotions, premium gifts, and priority customer support. Whether you're a daily trader or running a trading desk, these enhancements improve your efficiency and experience on the platform.

The best part? BitNasdaq doesn’t make you guess. Your progress is tracked automatically, and you can view everything in the VIP & My Fee section, both on the BitNasdaq website and the BitNasdaq app. With tools like these and incentives this strong, levelling up on BitNasdaq is a no-brainer for any serious crypto trader.

Let’s Talk About The Maker Fee

The Maker fee is a crucial part of BitNasdaq’s trading cost structure and plays a significant role in shaping your profitability. As a trader, understanding how this fee works, and how to reduce it, can help you plan smarter trades and retain more of your profits. BitNasdaq operates a tiered fee system, where your Maker fee reduces as you upgrade the VIP levels. Starting from 0.09% at VIP 1, the fee can go as low as 0.01% at VIP 9. That’s a significant cost saving, especially for active traders who engage in multiple transactions daily.

What’s more, BitNasdaq offers different Maker fees depending on the coin you're trading. You can check these specific rates on the VIP & My Fee page via a dropdown selector. This transparency helps you assess costs per asset and plan your strategy accordingly. Whether you trade margin, futures, or spot, understanding and optimizing your Maker fee is essential for maximizing returns on BitNasdaq.

What Is A Maker Fee, And How Does It Work?

A Maker fee is charged when a trader adds liquidity to the market by placing an order that doesn’t immediately match with an existing order on the order book. This action “makes” the market more liquid, hence the term “Maker.” Because it benefits the platform’s ecosystem, Maker fees are typically lower than Taker fees.

On BitNasdaq, the Maker fee starts at 0.09% for VIP 1 users and decreases by 0.01% with each level upgrade. By the time you reach VIP 9, your Maker fee is reduced to just 0.01%. This tiered structure rewards users who contribute to market depth and consistency. Understanding how Maker fees work is crucial for any trader aiming to optimize costs. If your trading strategy often involves placing limit orders that don’t fill immediately, you’re likely benefiting from lower Maker fees. On BitNasdaq, maximizing this aspect of trading can lead to significant cost savings over time.

When Are You Considered A Maker In Trading?

You’re considered a Maker in trading when you place an order that adds liquidity to the market, rather than taking it away. This typically happens when your limit order isn’t immediately matched with an existing order. Instead, it sits in the order book until someone else executes against it.

For example, if the current market price of BTC is $50,000 and you place a buy limit order at $49,800, your order won’t execute immediately. It will stay in the order book, waiting for a seller to add an order of that price. Until that happens, your order contributes to the market’s depth, making you a Maker.

On BitNasdaq, Makers benefit from reduced fees, especially at higher VIP levels. This makes placing strategic limit orders an excellent way to both save on fees and participate in healthier market activity. If you often set your own prices and wait for fills, you’re likely benefiting from Maker status on many of your trades.

Maker Fee Reduction, The VIP Advantage

One of the standout features of BitNasdaq’s VIP program is the direct reduction in Maker fees as you upgrade VIP levels. This reduction leads to real, tangible savings for active traders. Starting from 0.09% at VIP 1 and falling to 0.01% at VIP 9, this decrease plays a huge role in your net trading profits.

This structure is especially useful for high-frequency and institutional traders, who execute many trades daily. Even a 0.01% difference per trade can result in substantial savings over time. And because the Maker fee is tied to liquidity provision, BitNasdaq is incentivizing users to help stabilize the market.

These reduced fees, combined with other VIP perks like exclusive offers and 24/7 support, make advancing through the VIP levels important. By trading more and making use of limit orders, users naturally level up and benefit from a lower cost structure, proving the real value of BitNasdaq's VIP advantage.

How BitNasdaq Rewards VIP Users With Lower Maker Fees

BitNasdaq uses a tiered fee model to reward its VIP users, particularly by reducing Maker fees as users level up. Each VIP level corresponds to a specific trading volume milestone, and as traders move through these tiers, their fees drop by 0.01% per level. This is a significant incentive for high-volume traders.

The platform tracks your 30-day trading volume to determine your tier, and the process is entirely automatic. Once you qualify for a new level, the lower Maker fee is applied immediately, no manual action needed. Additionally, the platform allows users to view Maker fees for individual coins using a simple dropdown on the VIP & My Fee page. This level of transparency helps traders make informed decisions about which assets to trade and how to manage fees effectively.

By actively trading and reaching higher tiers, users don’t just save on costs, they gain access to a suite of benefits that enhance their overall experience on BitNasdaq.

The Taker Fee Explained Simply

The “Taker Fee” often surfaces, especially when discussing transaction costs. On BitNasdaq, the Taker Fee is a critical component of the platform's fee structure, and understanding it is essential for anyone looking to maximize their trading efficiency.

A Taker is someone who places an order that matches immediately with an existing one in the order book. In essence, Takers "take" liquidity from the market. Because their trades are executed instantly, they pay a Taker Fee, a small percentage of the trade amount. This fee is slightly higher than the Maker Fee, as it draws on existing liquidity.

BitNasdaq makes this process transparent by showing users the exact Taker Fee they will pay depending on their VIP level. The more you trade, the higher your VIP tier, and the lower Taker Fee becomes. This system encourages high-volume trading while rewarding active traders with cost reductions. Understanding the Taker Fee is crucial for anyone aiming to improve their profit margins. With the right strategy, even Taker trades can be made cost-efficient, especially on BitNasdaq where the VIP system offers meaningful discounts and incentives for active participation in the market.

What Is A Taker Fee, And How Is It Applied?

A Taker Fee is applied when a trader places an order that gets filled immediately by matching with an existing order in the exchange's order book. In this case, the trader removes liquidity from the market, hence the term “taker.” BitNasdaq charges this fee to balance liquidity needs and reward participants who contribute to market activity.

For example, if you place a market order to buy or sell cryptocurrency, and it matches instantly, you're a Taker. The fee is calculated as a percentage of the total transaction value and varies depending on your VIP level. The higher your tier, the less you pay.

This structure not only encourages traders to be mindful of how they trade but also incentivizes volume. BitNasdaq ensures that the Taker Fee is clearly visible before confirming any trade, giving you full transparency. It's a small but significant cost that, over time, can affect your overall profitability, making it essential to understand and optimize.

Taker Fee Reduction For Active Traders

BitNasdaq recognizes the value of active traders and rewards them accordingly through a reduced Taker Fee structure. The more you trade, especially within a 30-day period, the more likely you are to rise in VIP level, and with each level comes a lower Taker Fee.

This tiered system is designed to benefit high-frequency traders who rely on fast executions and immediate order matching. Rather than penalizing such traders with high fees, BitNasdaq supports their trading style with meaningful discounts that can dramatically lower operational costs. Starting from a standard Taker Fee, traders can reduce this by as much as 0.01% with each level upgrade, going as low as 0.01% at the highest VIP tier.

This fee structure not only rewards loyalty and activity but also enables traders to reinvest more of their earnings. Reduced fees mean better margins, and better margins mean greater profitability. Whether you are a day trader or a long-term investor executing frequent moves, the Taker Fee reduction ensures you retain more value from each trade. BitNasdaq’s transparent fee model and automatic tracking of your VIP level make it easy to see where you stand and what’s needed to reach the next tier. It’s a smart system built for serious traders.

Why Active Takers Love BitNasdaq

Active traders, particularly Takers choose BitNasdaq, for its unmatched blend of speed, reliability, and reduced fees. Taker trades, those that execute instantly by matching existing orders, are a staple of fast-paced trading strategies. On BitNasdaq, these traders enjoy a significant advantage.

Thanks to BitNasdaq’s tier-based VIP program, Takers who consistently trade at high volumes see their fees drop considerably. Each level upgrade provides a whopping 0.01% reduction in Taker Fees, making a major difference for those executing dozens or hundreds of trades daily.

Beyond just fees, BitNasdaq also offers 24/7 VIP support, advanced trading tools, and real-time analytics that help Takers stay on top of the market. This makes the platform not just cost-effective but highly functional for the fast-paced needs of active crypto traders.

With reduced trading costs and tools, BitNasdaq empowers Takers to trade smarter, faster, and more profitably, all while upgrading the VIP level.

A Look Ahead, The Future Of Maker/Taker Fee At BitNasdaq

As the cryptocurrency market evolves, so does BitNasdaq's commitment to offering the most competitive trading fee structure. The future of Maker and Taker Fees on the platform lies in greater transparency, customization, and user-focused adaptability.

BitNasdaq aims to refine its Maker/Taker Fee model based on trader behavior, market liquidity, and global crypto trends. Future upgrades may include different fee models that adjust in real-time based on market activity, giving traders an edge during peak trading times. Additionally, BitNasdaq is exploring AI-driven insights that can guide users on when to act as a Maker or Taker based on current market conditions. This forward-thinking approach is part of a broader vision to optimize user profits and enhance trading strategies.

What remains unchanged is the platform's dedication to rewarding loyalty. As trading volume increases, users continue to unlock reduced fees and exclusive perks. This blend of innovation and consistency ensures BitNasdaq stays ahead of competitors while putting traders first. BitNasdaq's Maker/Taker model is designed to offer maximum value, ensuring users stay competitive, informed, and financially efficient with every trade.

BitNasdaq’s Vision For Better Fee Models, Tier Base Analysis

At the heart of BitNasdaq Fee structure is a commitment to dynamic, tier-based models that adapt to trading behavior rather than penalize it.

The VIP program is the foundation of this vision. It’s structured to offer incremental rewards through tier-based fee reductions, especially for Maker and Taker transactions. Users with higher 30-day trading volumes unlock better rates, which naturally aligns incentives with performance. The result? Traders are motivated to grow their activity while saving on fees.

BitNasdaq is also analyzing global trading trends to refine how these tiers work, ensuring they remain accessible yet challenging, aspirational yet fair. This balance helps create a fee model that encourages participation without being exclusive. The current fee structure offered by BitNasdaq is:

Enjoy The Lowest Maker/Taker Fee In The Market

BitNasdaq has established itself as one of the most cost-effective cryptocurrency exchanges by offering the lowest Maker and Taker fees in the market. It’s reality driven by a strategic and transparent VIP program that actively rewards user participation.

Starting from already competitive base fees, BitNasdaq allows traders to unlock significant reductions simply by increasing their trading volume. Each VIP level offers an incremental 0.01% discount on both Maker and Taker fees, making it possible for active users to reach exceptionally low trading costs. At the highest VIP levels, users pay as little as 0.01% in Maker and Taker fees, some of the lowest available across major exchanges.

What sets BitNasdaq apart is that these rates aren’t buried behind hidden clauses or obscure promotions. They are clearly listed and updated in real-time based on your 30-day trade volume, ensuring full transparency. With no compromise on speed, reliability, or features, BitNasdaq’s low fee structure is a key reason why traders are making the switch to BitNasdaq.

How BitNasdaq Competes To Others On Fee Pricing

BitNasdaq stands out in the competitive exchange market by offering some of the lowest Maker and Taker fees in the industry, all while having premium trading tools and features. Unlike other platforms that charge high base fees or require complex promotions to reduce costs, BitNasdaq uses a transparent tiered VIP system based purely on trading volume.

This simple model ensures traders know exactly what to expect. As you upgrade VIP levels, both your Maker and Taker fees drop automatically, requiring no special codes or one-time events. Compared to exchanges like Binance or Coinbase, BitNasdaq’s fee reductions are more accessible, allowing even mid-level traders to unlock excellent rates.

BitNasdaq also offers real-time fee tracking, so users can see how close they are to the next level. In cryptocurrency trading where every fraction of a percentage matters, BitNasdaq delivers true value by maximizing savings without sacrificing quality.

Tracking Your VIP Level Made Easy

Monitoring VIP status on BitNasdaq is effortless thanks to a user-friendly dedicated page that keeps you fully informed about your current level, trade volume, and fee discounts. This real-time tracking tool allows you to make smarter decisions about your trading strategies and see the direct impact of your activity. Located on the VIP & My Fee page on website and tab on app, the VIP tracker clearly displays your current tier, the Maker and Taker fee rates you're paying, and how much more volume you need to reach the next level. It's intuitive, visual, and designed traders in mind.

This level of clarity helps you set goals and plan trades strategically. Want to reach the next VIP level by the end of the month? The page tells you exactly what it takes. Need to know if you’re on track to maintain your tier? You’ll find that here, too. BitNasdaq believes in empowering its users with actionable insights. By eliminating the guesswork and constantly updating your status, the platform ensures you're never in the dark about your trading perks.

Tips To Level Up Faster With Smarter Trading

Start by focusing on pairs with high liquidity and consistent volume, which helps you execute trades efficiently and boost your trade total. Using limit orders strategically can also make you a Maker instead of a Taker, which typically costs less in fees and adds up to savings. Plus, this helps you benefit from lower Maker fees as you upgrade VIP levels. Set personal trading goals weekly and use the BitNasdaq VIP & My Fee page to track your progress.

Diversify your trading activity and portfolio across multiple assets to avoid stagnation and increase engagement with market movements. And don’t forget to review your trade history to spot patterns, inefficiencies, or missed opportunities.

Smart traders maximize the VIP program not just by volume, but by planning. Every well-timed trade brings you closer to higher status, and lower fees.

BitNasdaq Is The Best Cryptocurrency Exchange Platform

BitNasdaq has quickly earned a reputation as one of the best cryptocurrency exchange platforms in the market today, and for good reason. With its competitive fee structure, advanced tools, and VIP rewards, user-friendly platform the platform is designed for traders who demand more than just a place to buy and sell crypto.

The platform offers fast trade execution, deep liquidity, and an intuitive interface. But what truly sets BitNasdaq apart is its VIP & My Fee program, which rewards traders with real, tangible savings. From the first trade you make, you start reaching the VIP upgrade milestones, unlocking fee reductions and exclusive benefits.

Security is also a top priority. BitNasdaq employs cutting-edge encryption, multi-layer authentication, and asset protection measures, ensuring your funds and data are always safe. Combined with 24/7 user support and a proactive development team, the platform delivers an exceptional trading experience. BitNasdaq offers everything you need, low fees, powerful tools, and a community-first approach. For traders who want more out of every trade, BitNasdaq is the ultimate exchange destination.

More Than Just Low Fees, Experience The VIP Treatment

BitNasdaq isn’t just about competitive fees, it’s about delivering a premium trading experience that treats every user like a VIP. From day one, traders are welcomed into a system that rewards them for their activity, offering more than just savings.

Each level of the VIP program unlocks not only reduced Maker and Taker fees but also enhanced support, early access to new features, and special platform incentives. As you level up, you’re not just saving more, you’re gaining access to a VIP ecosystem built for growth.

The platform’s responsive customer support team is on standby 24/7, especially for VIP users, ensuring that any issue is resolved promptly and professionally. If you're looking for an exchange that values your participation and rewards your loyalty, BitNasdaq offers a true VIP treatment every step of the way.

Ready To Trade Smarter? Join BitNasdaq Today!

BitNasdaq gives you the tools, pricing, and perks to trade smarter from the start. With low Maker and Taker fees, real-time VIP tracking, and a user-friendly interface, BitNasdaq simplifies the trading process while maximizing your profits. Every trade count towards fee reductions, and every level up unlocks better rates and special benefits.

Security, transparency, and support come for all, and the VIP & My Fee program ensures you're always getting rewarded for your activity.

Why pay more elsewhere? Join a growing community of smart traders who are taking control of their crypto future. Start trading smarter with BitNasdaq today and experience the future of crypto exchanges with every trade.

FAQs

What is the BitNasdaq VIP program?

The BitNasdaq VIP program is a tier-based program for BitNasdaq traders to upgrade their account VIP level and enjoy reduced fees and exclusive benefits on BitNasdaq.

What is the VIP & My Fee page for?

The VIP & My Fee is a dedicated page on BitNasdaq for many things. One here traders can check the trading fee per their VIP level. Second here traders can track their account VIP level. Third here traders can upgrade their VIP Level and track their milestone requirements. Fourth here traders can even check individual Maker/Taker for different coin pairs. Lastly, this page acts like a dashboard to track trading fees and VIP levels.

Can I access the VIP & My Fee Page on app?

The VIP & My Fee page is easily accessible from both the BitNasdaq website and the BitNasdaq app. Users can view this page by simply visiting it on the website or the app.

How many tiers are there in BitNasdaq VIP program?

The VIP Levels are tier-based, which each tier having their own benefits and reduced fees. The BitNasdaq VIP Levels have 9 tiers in total.

What are the requirements for upgrading the VIP Level?

For upgrading your VIP Level on BitNasdaq traders have to maintain a 30-day trading volume and 30-day account recharge. The 30-day trade volume includes 30-day future trade, margin trade, and spot trade volume.

How much reduction in fee do I get with VIP upgrade?

There are a total of 9 levels in VIP for BitNasdaq traders. Each level gives traders reduction in Maker/Taker fees. Each level upgrade has whopping 0.01% reduction in the Maker/Taker fees. With the Maker/Taker fee starting at 0.09%/0.14% each level reduction brings it down to 0.01%/0.01% at the highest VIP Level of 9.

What is the Maker/Taker fee?

The Maker/Taker fees is charged for Spot Trading, Margin Trading, and Future Trading. The Maker fee is charged when a trader add liquidity to the market, while the taker fee is charged when trader takes liquidity from the market. BitNasdaq VIP Level upgrades give reduction in the Maker/Taker fee.