Both start-ups and established market actors are forced to cut their headcounts, cease yield farming programs and even close popular services for retail and institutional clients amid a painful Crypto Winter.However, Gate.io, a veteran cryptocurrency exchange, has changed its fees policy to support market makers who inject liquidity into the platform. They can now enjoy the most competitive rates and generous rebates in the market.Starting from August 2022, Gate.
In short, Gate.io introduced one of the most attractive and competitive fee structures for market makers to ensure the sustainability and progress of its liquidity ecosystem as well as the best prices for all assets and trading pairs.Launched in 2013, Gate.io is among the leading centralized cryptocurrency ecosystems in the Web3 segment. It champions an “all-in-one” approach: Gate.
To stimulate the activity of market makers — who are crucial actors on modern Web3 exchanges, both centralized and decentralized — large-scale exchanges introduce marketmaker rebates. Rebates are a form of incentive designed to boost the trading activity of market makers on a centralized exchange. Then, market makers can enjoy the largest rebates on the market. Rebates go live as a part of the Market Maker Program which uses the MM tiers for maker fees. Namely, the Gate.io ecosystem introduces up to 0.012% rebates for spot markets and up to 0.015% rebates for futures markets. This is the most generous rebates program across CEXes and DEXes so far.
in the institution's digital assets trading segment and to provide industry-level support to sophisticated clients., sophisticated traders can benefit from high-frequency and low-latency servers, enjoy discounts and premium offer for MM and VIP tiers, and access up to 100x leveraged trading, obtain secure funding and instant loans.
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Source: CoinDesk - 🏆 291. / 63 Read more »