As we all know, cryptocurrency exchanges have market maker program, but it's hard for retail investors to benefit from the program. Because the size of the funds are too much from the traditional market making requirement. But, not in Pionex. Pionex designed the policy of market making program for retail investors.
Why Pionex gives retail traders market maker accounts?
Grid trading is a matured quantitative strategy like an arbitrage strategy, so trading fees are important. In order to provide our users with better service, we launched the market maker program.
Deposit 300,000 USDT (or other equivalent coins), and then you can apply to be a Market Maker and enjoy trading fee discount (Taker 0.05 %, Maker 0%).
- You can apply to be a Market Maker from 1st to 10th of each month. Once you are qualified after being reviewed, your account will be adjusted to get the fee discount.
- The 1st day of each month is when we review if you are able to renew the qualification.
- You need to keep daily average trading volume no smaller than 300,000 USDT(or equivalent other coins) every month, or you will be disqualified.
- It's not allowed to apply to be a Market Maker again within 30 days after you are disqualified.
Only the following trading pairs are included in the market maker program, which means the fee of which will still be maker 0% and taker 0.05%.
Please check the trading pairs that can enjoy the fee discount on the 'The trading pairs included in the market maker program & commission rebate'.
How to apply
After the spot account funds meet the requirements, please send an email to email@example.com with the subject of [Apply for Pionex Market Maker], and the content is your Pionex account (email account used during registration) and your screenshot of spot account assets (not a screenshot of total assets on the homepage of the APP), the staff will open the relevant permissions for you after review and approval.