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News

Coinlist Will Waive All Market Maker Fees For The Next 3 Months To Enhance Liquidity

August 24, 2023 - Around 2 mins mins to read

Key Points:

  • Coinlist is going big with a program to waive all market maker fees for the next 3 months.
  • The program’s purpose is to encourage market makers to participate to improve market liquidity.
  • To ensure that pairs with less liquidity receive interest, the platform has implemented a discount factor based on the trading portfolio.
CoinList has launched a market maker incentive scheme to improve the liquidity of the spot market on CoinList Pro. All market maker fees will be waived for the next 3 months for all qualified market makers on the platform.
Coinlist Will Waive All Market Maker Fees For The Next 3 Months To Enhance Liquidity

In addition, the top 5 traders receive a 0.05% discount on pending order placement fees based on the 30-day average execution volume.

To ensure that less liquid currency pairs get the attention they deserve, CoinList implements a discount factor based on trading categories.

  • Tier 1 (1x multiplier): BTC, ETH
  • Tier 2 (2x multiplier): MATIC, SOL, DOGE, SUI, AVAX, LINK, DOT, FIL
  • Tier 3 (3x multiplier): AAVE, ALGO, ICP, FLOW, STX, ROSE, OCEAN, IMX, MKR, XTZ, MINA, CELO, GAL, COMP, T, SKL, CSPR, BICO, CLV, BLD, OXT, BTRST, NYM, VEGA, GODS, CUSD, HMT, GOG, CQT, BZZ, WCFG, UNI, EFI, CYBER, NEON, CFG, WAXL

At the beginning of each month, rebates will be distributed to the top 5 USDC market makers based on the previous month’s volume of trades.

The crypto market has recently experienced a notable downturn, with total market capitalization falling by 10% between August 14 and August 23, reaching its lowest level in more than two months at $1.04 trillion. Therefore, Coinlist’s incentive program can bring a lot of motivation to traders during this dismal time.

Coinlist is a large, reputable fundraising platform that regularly lists high-quality projects. Most of the token sales supported by Coinlist are Blockchain Layer-1 projects that are assessed to have strong growth potential. After extremely successful token sales such as Solana, Near, Flow,… the platform’s reputation is further confirmed and trusted by users.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

News, Market

Coinlist Will Waive All Market Maker Fees For The Next 3 Months To Enhance Liquidity

Key Points:

  • Coinlist is going big with a program to waive all market maker fees for the next 3 months.
  • The program’s purpose is to encourage market makers to participate to improve market liquidity.
  • To ensure that pairs with less liquidity receive interest, the platform has implemented a discount factor based on the trading portfolio.
CoinList has launched a market maker incentive scheme to improve the liquidity of the spot market on CoinList Pro. All market maker fees will be waived for the next 3 months for all qualified market makers on the platform.
Coinlist Will Waive All Market Maker Fees For The Next 3 Months To Enhance Liquidity

In addition, the top 5 traders receive a 0.05% discount on pending order placement fees based on the 30-day average execution volume.

To ensure that less liquid currency pairs get the attention they deserve, CoinList implements a discount factor based on trading categories.

  • Tier 1 (1x multiplier): BTC, ETH
  • Tier 2 (2x multiplier): MATIC, SOL, DOGE, SUI, AVAX, LINK, DOT, FIL
  • Tier 3 (3x multiplier): AAVE, ALGO, ICP, FLOW, STX, ROSE, OCEAN, IMX, MKR, XTZ, MINA, CELO, GAL, COMP, T, SKL, CSPR, BICO, CLV, BLD, OXT, BTRST, NYM, VEGA, GODS, CUSD, HMT, GOG, CQT, BZZ, WCFG, UNI, EFI, CYBER, NEON, CFG, WAXL

At the beginning of each month, rebates will be distributed to the top 5 USDC market makers based on the previous month’s volume of trades.

The crypto market has recently experienced a notable downturn, with total market capitalization falling by 10% between August 14 and August 23, reaching its lowest level in more than two months at $1.04 trillion. Therefore, Coinlist’s incentive program can bring a lot of motivation to traders during this dismal time.

Coinlist is a large, reputable fundraising platform that regularly lists high-quality projects. Most of the token sales supported by Coinlist are Blockchain Layer-1 projects that are assessed to have strong growth potential. After extremely successful token sales such as Solana, Near, Flow,… the platform’s reputation is further confirmed and trusted by users.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.