CoinEx sets zero fees for market-makers

The CoinEx cryptocurrency exchange updated the CoinEx Pro Trader Program — lowered the entry threshold for market-makers on spot markets, and introduced zero fees and rebates. This is reported in the platform’s blog of the trading platform.

Changes affect market-makers at all levels from LV1 to LV5. The rate for the latter stood at -0.02% instead of 0%.

\n“Previously the lowest rate for market makers on CoinEx was 0.05% when exchanging stablecoins. Now we offer zero rates on almost all markets,” the exchange’s crypto team commented.

Under the new rules, to be included in the monthly market-maker ranking, one must achieve $1 million in trading volume per month instead of $5 million.

Before the update, the top-20 participants on this list received rebates of up to -0.02%. Now the exchange pays rebates to all LV4 and LV5 market-makers.

Details of the CoinEx Pro Trader Program update — in the blog of the trading platform.

CoinEx — the cryptocurrency exchange with spot and futures markets for 718 cryptocurrencies and tokens. The platform has been operating since 2017 and serves more than 4 million users from 200 countries and regions.

Earlier, the CoinEx Charity entered into a partnership with the Royal Melbourne Institute of Technology in Vietnam.