What's Market Maker Discount

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.

 

FAQ

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 maker. 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.