How to become a Market Maker?
Individuals or professional agencies who trade with API services and reach a monthly trading volume of 5,000,000 USD in spot/futures markets are welcome to apply and become CoinEx Market Maker.
For more details, please refer to How to Apply For a Market Maker
Market Making Level
1. According to the ranking of last-month trading volume, the level of every Market Maker is updated at 1:00 (UTC) on the 1st of each month, and all users with a monthly trading volume of 5,000,000 USD in spot/futures markets are included in the ranking.
2. For Market Makers who didn't meet the minimum requirement for 1 or 2 consecutive months, they will be retained LV1. If underperformed for 3 consecutive months, their Market Making status will no longer be valid.
Fees Discount
(1) Spot Market Making
| Level |
Ranking |
Maker |
Maker CET deduction |
Taker |
Taker CET deduction |
|
LV 5 |
≤10% |
0% |
0% |
0.0500% |
0.0400% |
|
LV 4 |
≤25% |
0.0100% |
0.0080% |
0.0600% |
0.0480% |
|
LV 3 |
≤45% |
0.0200% |
0.0160% |
0.0700% |
0.0560% |
|
LV 2 |
≤70% |
0.0300% |
0.0240% |
0.0800% |
0.0640% |
|
LV 1 |
Last 30% |
0.0400% |
0.0320% |
0.0900% |
0.0720% |
|
LV 0 |
/ |
0.2000% |
0.1600% |
0.2000% |
0.1600% |
(2) Futures Market Making
| Level | Ranking |
Maker |
Taker |
|
LV 5 |
≤10% |
-0.0150% |
0.0250% |
|
LV 4 |
≤25% |
-0.0100% |
0.0250% |
|
LV 3 |
≤45% |
-0.0050% |
0.0250% |
|
LV 2 |
≤70% |
0% |
0.0250% |
|
LV 1 |
Last 30% |
0% |
0.0300% |
|
LV 0 |
/ |
0.0300% |
0.0500% |
For more details, please refer to CoinEx Market Maker
FAQs
Q1: Can market maker fees discount be used with "CET Deduction"? If so, what coin will you charge as fees?
A1: (1) Yes, the market making fees discount is applicable on top of discount using CET as fees for Non-AMM trading pairs in Spot and Margin trading.
(2) CET deduction is not available for the Futures Contract.
(3) CET will be charged as fees.
Q2: Assuming that an account is Marketing Making LV5 (fees discount is Taker: 0.05%, Maker: 0%) and 'Use CET as fees' is activated, how to calculate the transaction fees?
A2: (1) Assuming that you bought 1 BCH in BCHUSDT Spot Market as a Taker, the fee will be: 1 BCH * 0.0005 = 0.0005 BCH
(2) On top of the discount of using CET as fees (currently 20% off), if 1 BCH = 5000 CET according to the real-time exchange rate, the final transaction fees will be: 0.0005 BCH * 80% * 5,000 = 2 CET
Q3: Can Spot market markers enjoy a special discount on AMM markets?
A3: AMM markets adopt an independent fee system. Special fees are applicable for market makers. Normal AMM market fee rate is 0.15%. Stablecoin AMM market fee rate is 0.05%.
For more details, please refer to AMM Market Fee Rate