Binance.US, America’s home to buy, sell, trade, convert and stake digital assets, has announced its Market Maker Program* that will reward traders who provide liquidity to its order book through 0 maker trading fees and lucrative rebates for top performers.
By providing liquidity for a select group of trading pairs, the top participant will be rewarded with a rebate of 0.005%, and the next four (participants two through five) will receive a rebate of 0.002%. Rewards will be distributed daily following a short on-boarding grace period. All participants will be eligible for 0 maker fees on the pairs included in the Binance.US Market Maker Program, and the top 75% of participants will receive 0 maker fees on all trading pairs in the Binance.US order book. All participants of the program will also receive special API limits to help them be as effective as possible with their resources.
Unlike other market maker programs that primarily use volume-based tiers, Binance.US will leverage a scoring system for qualified participants based on several factors including maker volume, spread, depth and the trading pair weight. This system was designed to create an inclusive and healthy competition among different types of market makers so all participants have an opportunity to receive rebates.
Binance.US will also provide both daily and weekly reports to each participant with information about their current performance and insights into how they can improve to attain higher rebates. Additionally, as the company continues to make important strides to become the most customer-centric organization in the crypto industry, the Binance.US Market Maker Program will provide participants with direct access to a dedicated support team.
If you are interested in receiving rebates from the Binance.US Market Maker program, you can submit a form here, or email firstname.lastname@example.org. For further information on the program, please click here.
*Binance.US reserves the right in its sole discretion to amend or change or cancel the Market Maker Program at any time and for any reasons without prior notice.