In order to improve the liquidity of the platform, Coinsuper is now recruiting excellent market makers around the world and providing exclusive rights to market makers. Details are set out below:
I. Application method
Use the registered Coinsuper account email address to send an email to email@example.com with the following contents included therein:
2.Which type of market maker’s right is preferred;
3.A brief introduction to the market-making team, a brief introduction to the market-making strategy, and a screenshot certificate of the trading volume on other platforms.
II.Market Making Incentive Program
Coinsuper offers Market Making Incentive Program for quantitative traders and liquidity providers.
1.General Market Making Program
Market maker account can enjoy discounted transaction fees:
|Tier||30 days trading volume (equivalent BTC)）||Taker||Maker|
2.Specific Trading Pair Market Making Program
Market maker can choose to contract for the market making for specific or multiple trading pairs (each trading pair can only be contracted by one market maker). The market maker shall be responsible for managing the depth, spread and liquidity (collectively referred to as the KPI) of the trading pair and enjoys the following transaction fees rebate and sharing based on its KPI completion rate:
a.Transaction fees rebate
|30 days KPI completion rate||Transaction Fees Rebate|
|N%||Rebate of N% Transaction fees, up to 100%|
Note: If the KPI is fully competed, transaction fees will be 100% rebated.
b.Transaction fees sharing (if KPI is 100% completed)
30 days trading volume of counterparty
|Trading Fee Profit Sharing|
|LV1||---||Sharing 20% of the Transaction fees generated from the counterparty|
|LV2||≥1,500 BTC||Sharing 40% of the Transaction fees generated from the counterparty|
|LV3||≥6,000 BTC||Sharing 80% of the Transaction fees generated from the counterparty|
Market makers are free to choose the “General Market Making Program” or “Specific Trading Pair Market Making Program” according to their own strategic preferences. Qualified market makers can enroll both programs. Upon successful application, the market maker will enjoy LV2 preferential transaction fee rate in the first month. If the market maker fails to meet the KPI for 2 months in a year, it’s market maker qualification will be cancelled.
May 29, 2019