Dear Coincall Users,
To reward users contributing to the liquidity of Coincall and to incentivize more users to provide liquidity for the Altcoin Options market, we have officially launched the Altcoin Options Market Maker Program as of January 15, 2024. You will get the following benefits:
- Enjoy the lowest maker rebate of -3bps;
- Benefit from customized API rate limits;
- Engage in OTC trading with major clients;
- Receive one-on-one customer manager and technical support;
Additionally, the first batch of market makers will have the opportunity to enjoy the distribution rights of platform tokens as investors within the Coincall community!
How to Apply to Become a Coincall Market Maker?
Corporate or individual users of Coincall can apply to become a Coincall market maker by following these steps:
- Coincall users can apply to become a Coincall market maker by contacting Sales/BD or sending an email to the official MM email (mm@coincall.com). The email should include:
- Your name, email, and other contact information;
- Your Coincall account UID;
- Proof of your market maker qualifications at other exchanges (such as screenshots of market making reports) or proof of your trading volume on our exchange;
- A brief description of your market making strategy.
- Once approved by the Coincall liquidity team, we will guide you through the Market Maker Due Diligence and contract signing.
- After completing the above steps, the Coincall liquidity team will officially notify the applicant via the official email, confirming their status as a Coincall market maker.
After applying to become a market maker, during the trial period, Coincall market makers will directly receive trial fees.
After the trial period, Coincall market makers can obtain a corresponding market maker level based on their monthly average weighted depth ranking percentage and monthly Maker volume ratio, and receive the corresponding order fee rate the following month.
If you have any questions about market making, liquidity, market making fee rates, etc., you can contact us via Sales/BD or send an email to the official MM email (mm@coincall.com).
Coincall Liquidity Team
2024/01/15
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