Bitget spot liquidity incentive program upgraded
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Bitget
2024-05-30 00:00
To bolster liquidity in the spot market and elevate user trading experiences, Bitget has revamped its spot liquidity incentive program and is actively recruiting competent market makers to join our ranks, propelling market prosperity and development.
More perks
1. Access to over-allocated funds.
2. Enjoy flexible repayment, low interest rates, and multi-coin institutional lending services.
3. Market makers at level 2 or above who have traded over 30 spot trading pairs in the past 30 days can enjoy early access to the futures liquidity program.
4. Market makers at level 3 or above who have traded over 20 spot trading pairs in the past 30 days will have the opportunity to connect with the project owner to help increase liquidity.
Basic perks
Level |
Daily withdrawal limit (USDT) *Identity verification (KYC/KYB) is required |
Maker fee |
Taker fee |
Number of sub-accounts |
API frequency limit |
VIP channel |
Level 1 |
5,000,000 |
−0.0050% |
0.0160% |
200 |
100/s |
☑ |
Level 2 |
5,000,000 |
−0.0040% |
0.0170% |
200 |
80/s |
☑ |
Level 3 |
5,000,000 |
−0.0030% |
0.0180% |
200 |
80/s |
|
Level 4 |
5,000,000 |
−0.0020% |
0.0200% |
200 |
60/s |
|
Level 5 |
5,000,000 |
0.0000% |
0.0250% |
200 |
60/s |
|
Assessment rules
1. Only spot and margin trades are supported.
2. Spot and margin trading volume will be counted towards the assessment.
3. The following criteria will apply when assessing your market maker level, and the highest applicable level will be your level after assessment.
4. Disqualification: Failing to meet any of the requirements for Level 5 market maker for two consecutive months will result in disqualification.
5. Reapplication is not permitted within two months after disqualification.
Level |
Weighted maker trading volume (USDT) |
or |
Maker's trading volume as a percentage of all Bitget Maker trading volume |
and |
Maker rate |
Level 1 |
>550,000,000 |
\ |
>3% |
and |
>75% |
Level 2 |
>350,000,000 |
\ |
>2% |
||
Level 3 |
>200,000,000 |
\ |
>1% |
||
Level 4 |
>80,000,000 |
\ |
>0.5% |
||
Level 5 |
>20,000,000 |
\ |
>0.2% |
Trading pair weight
Quote currency |
Maker weight |
USDT |
1 |
Others |
2 |
Base currency |
Maker weight |
WIF, ONDO, ETH, PEPE, CORE, SOL, DOGE, ENA, JASMY, WLD, FRONT, YGG |
1.5 |
ARB, BCH, NEAR, PENDLE, SLERF, W, FET, BSV, TAO, SHIB, AR, STX, OP, BOME, ZK, FLOKI, TRU, SUI, SILLY, MATIC, SAGA, POLYX, RNDR, TONCOIN, ORDI, AGIX, STRK, GALA, PIXEL, ARKM, BONK, AIDOGE, MANTA, MYRO, JUP, BIGTIME, SATS, JTO, MERL, REZ, BABYDOGE, ONG, CKB, RON, MSN, TSUKA, ZEROLEND |
2 |
Others |
1 |
Definitions and formulas
Ø Weighted maker trading volume = maker's volume × maker's weight for the base currency × maker's weight for the quote currency
Ø Maker volume as a percentage of total Bitget maker volume = your maker volume ÷ total Bitget maker volume × 100%
Ø Maker rate = your maker trading volume ÷ your total trading volume
Notes
1. Maker rebate: You will receive the maker rebate when a maker order is filled.
2. Assessment cycle: Each calendar month constitutes an assessment cycle. Trading data from 12:00 AM (UTC+8) on the 1st day of each month to 11:59 PM (UTC+8) on the last day of each month are used to determine the assessment results.
3. Daily report: You will receive the daily market maker report at the email address you provided.
4. Fee adjustment: Your market maker level and perks will be adjusted automatically based on your trading results from the previous month in the first week of each calendar month.
5. Frequency limit:
a) Main account and sub-accounts have separate limits.
b) Spot, margin, and futures accounts have separate limits.
c) Within the futures account, USDT-M, USDC-M, Coin-M futures share the same limit.
6. Market maker accounts are not eligible to participate in rebate programs like the Referral Program and KOL program.
7. Market maker accounts cannot participate in the BGB service fee deduction project;
8. Combining multiple main accounts for assessment is not supported.
9. The volume of the sub-accounts is combined with that of the main account for calculation purposes. Sub-accounts enjoy the same level and perks as the main account.
10. If the total sum of the maker fee and taker fee for a trading pair is zero, the trading pair won't count toward market maker data.
11. Bitget reserves the right to modify the market maker assessment rules in accordance with market changes.
Admission rules
Ø The following criteria will apply when deciding your market maker level, and the highest applicable level will be your initial level.
Ø Exclusive for new market makers: Enjoy the market maker benefits of your applied level for a two-month period. You will be promoted if your assessed level is higher than the applied level during this period.
Level |
Account assets (USDT) |
or |
Proof of level at other exchanges
|
or |
30-day spot maker trading volume on Bitget |
Level 1 |
2,000,000 USDT in account assets on Bitget |
/ |
Screenshots of fees, maker trading volume, maker trading volume ratio, market maker level, etc. *The screenshots must contain the date and your user ID. |
/ |
You can apply to become a Level X market maker when meeting the requirements of Level X−1. |
Level 2 |
1,000,000 USDT in account assets on Bitget |
/ |
/ |
||
Level 3 |
500,000 USDT in account assets on Bitget |
/ |
/ |
||
Level 4 |
100,000 USDT in account assets on Bitget |
/ |
/ |
||
Level 5 |
50,000 USDT in account assets on Bitget |
/ |
/ |
Contact us
Contact us if you are interested in our spot market maker incentive program:
Ø Email: institution@bitget.com (with the subject line "Market maker application")
Ø Telegram: @Bitget_Institution @Shiyu_Wang