, also known as the CoinEx Pro Trader Program. This strategic upgrade specifically caters to spot market makers, introducing significant adjustments to the AMM market fee rates.
History tells us that market downturns in the crypto industry are essentially a lack of liquidity, which, in turn, makes market makers struggle. The sudden collapse of two top market makers during the last bear market places the group in an even tougher situation. After the adjustment, spot market makers at LV4 and LV5 can enjoy a negative fee rate! When the fee rate is negative, the trading will be settled at 0 fee rate, and the rebates will be credited to the spot account of the trading account the following day, settled in USDT.
Apart from the seamless trading services offered to ordinary traders, CoinEx also caters to professional traders with exclusive services, of which the Market Maker Program is a key component. All these efforts demonstrate the exchange’s aspiration to empower the market maker group for shared prosperity.