One of the main platforms of exchange has decided to create a new program for market makers, also known as Market Makers. Which aims to benefit in different ways to users who trade in Binance.
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What is the purpose of the new program of Binance?
Binance has as its purpose to create this program to enhance or increase the liquidity on their platform. However, it also aims to motivate the investors, or users, with either a cash bonus or with qualifications. The new program of Binance for Market-Makers benefit you in many ways to these individuals, however, only apply for those who have a high volume of trading in the platform Binance; the volume must exceed the 1,000 BTC. However, it is not the only factor that is taken into account in order to receive benefits from the program. The platform of exchanges, wants those users to keep a high amount of operations per month, with some benefit. Since, it is a way to reward them for what they do. Now, this new programme will be launched at the end of the year. And to participate in the program Binance must meet a list of requirements.
Relevant aspects
The program Binance Futures Market Makers possess some characteristics that should be taken into account by the individuals who want to participate in the program. It is for this reason, you must be aware of these aspects. The main point to bear in mind is that this program will start on the 30th of December in the year 2019. Therefore, the user will have the month of December to start to increase its volume of transactions, exchanges or sales on the platform. If the broker has a good sales strategy and successfully performs its role of market maker Binance will be happy to welcome you in its new program. On the other hand, the Market Makets will be selected 1 time every 2 weeks. And these will share a bonus for their work, which can be greater than 100,000 USDT. The USDT are one of the cryptocurrencies stable, also classified as stablecoin and are characterized by having a price attached to an asset or fiat currency, in this case, the dollar. Therefore, your price will always be equal to or less than the dollar. The score needed to be able to participate in the program Binance, will be taking into account different factors, among them; the amount of negotiations carried out over a period of 30 days.
Benefits
It is worth noting, that you can find multiple benefits of interest to Market Makers, these benefits or advantages can be found: Possibility of winning a bonus round from the 100,000 USDT up to 400,000 USDT.Have zero commissions Marker.Use the services of connectivity and support for ultra-low latency. Among other Market Makers with better classification will be those that will enjoy the special benefits of the portal of Binance. However, it will be classified taking into account a number of aspects. Each one of these aspects will be added, to make a final score and then select the one that has higher rating.
How can I enter the programme?
As mentioned earlier one of the main factors or aspects to be able to classify in the group of Market Makers is to have a level of negotiation-high, which must exceed 1,000 BTC. However, this will not be the only aspect to be taken into account by the platform. All Market Makers will receive a composite score, which is based on the volume of creator you have. In addition, the composite score will possess a list with the requirements that you need to have the individual to participate in the program. On the other hand, some of the essential requirements for qualifying for the program are: to Have an extensive time as Market making.Present duration of orders, the volume of the marker and the total size of the order.Among others. It should be noted, that the above requirements are the most important, therefore, are to be submitted by users or brokers who expect to enter the program. However, there are multiple individuals who will send their list of requirements to the personal Binance; for this reason, sorting is not going to be easy. Then you have all the requirements ready, users can submit the application directly to the e-mail of Binance. In such an application must show at least one of the commercial volumes of his account of Binance. The following two tabs change content below. I am a young man from Venezuela 18 years, lover of technology, innovation, and economic events that govern the world. One of my passions are cryptocurrencies.