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Introducing the Binance Futures Market Maker Program

Introducing the Binance Futures Market Maker Program

2019-11-08 06:24

Fellow Binancians,

To further enhance the liquidity on Binance Futures and to provide a better trading experience for all users, Binance is excited to announce the launch of the Binance Futures Market Maker Program.

If your 30-day trading volumes exceed 1,000 BTC on Binance, and have quality market maker strategies, we would like to invite you to join the Program. Evidence of similar volumes on other exchanges will also be accepted. 

Benefits:

  • Zero maker fees
  • Higher API limits
  • A chance to split a Bonus Pool of 110,000 USDT per 2-week period
  • Ultra-low latency connectivity and support services

Program Description:

  • The Program will run until February 23, 2020;
  • The Program will apply to all Binance Futures perpetual contracts, details please contact Binance market maker program team;
  • Market Makers will be given a composite score based on their maker volume and a set of requirements they will have to meet;
  • Market Makers will be ranked every 2 weeks and a 100,000 USDT Bonus will be shared amongst the top-ranked Market Makers. For the rest of the participants, 10,000 USDT will be shared between users who have a qualifying (non-zero) Market Maker Score everyday in the 2-week period.

The composite score will be calculated taking into account, among other factors:

  • Maker volumes
  • Bid/offer spread
  • Total order size
  • Order duration
  • Market making time

To apply, please email mmprogram@binance.com  and provide some proof of market making volumes (for example, your binance account where your trading volume meets the application requirements, or screenshots of your volumes on another exchange), or speak with your Key Account Manager.

Thanks for your support!

Binance Team

2019/11/08

 

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