VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, the global cryptocurrency exchange, has announced a spot Market Maker fee adjustment today. Starting from July 15th, 2022, KuCoin will implement a new version of the Market Maker Incentive Program that registered market makers will enjoy a -0.012% fee, which is the best market maker rebates in the entire market.
Currently, the KuCoin platform has 3 different levels of market makers, S, A, and B who enjoy different fee structures. With the implementation of the updated KuCoin Market Maker Incentive Program, Level-S market makers can enjoy 0.012% rebates for each maker order. And 0.01% and 0.006% rebates are for level-A and level-B market makers respectively. In terms of Taker fee, market makers can enjoy the fees as low as 0.02%. In addition, the new Market Maker Incentive Program also introduces more reasonable rating rules to empower market makers to develop and grow.
The CEO of KuCoin Johnny Lyu Stated, “As a world-leading crypto exchange, KuCoin offers the highest liquidity and best trading experience for its 18 million users worldwide. With the adjustment of KuCoin's spot market maker rebates, we look forward to working with more leading market makers around the world to further improve the liquidity of the crypto market and make contributions to accelerate the development of the crypto industry.”
In addition, KuCoin launched a Market Maker Invitation Bonus to encourage exclusive participants to invite more market makers to KuCoin, successful invitation will help you to win the chance to be rewarded up to 5,000 USDT and newly registered market makers are exempted from trading volume assessment for the first month. Contact to learn more about KuCoin Market Maker: mm@kucoin.com
About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.
To find out more, visit https://www.kucoin.com.
Contacts
Emma Haul
media@kucoin.com