Introducing the KuCoin Market Maker Program & Market Making Incentive Scheme

2019/06/12 18:30:02Announcements

Dear KuCoin Users,

For improving liquidity and strengthening the user trading experience, KuCoin has launched the Market Making Incentive Scheme. We are pleased to welcome professional market makers from all over the world to join this program! Details are as below:

1. Market Making Incentive Scheme

·Market Maker Rebate

Participants who join the KuCoin Market Making Incentive Scheme will be able to earn a rebate as high as 0.018%.

·KCS Rewards

All participants will be ranked every month according to their Cumulative Credit over the period, and KuCoin Shares (KCS) will be rewarded to the top ten market makers. The winner pool of each month can reach up to 94,500 KCS.

*The rewards for each month will depend on the number of market makers registered over the period. Notification will be sent to the participants when such situation arises.

·VIP Fast Track

KuCoin will provide participants with the support of DMA, Co-Location and Level 3 market data feed (free for a limited time). Please refer to the API docs for more details.

·Priority Choice of KuMEX

The market maker teams with outstanding performance may be selected in prior order as the market maker of KuMEX in the future.

*Participants of the Market Making Incentive Scheme cannot take part in the KuCoin Referral Bonus Program or Trading Competition.

2. Admission Requirement

The Market Maker must obtain a trading volume of more than 5,000 BTC in the last 30 days on any exchange.

3. Application Methods

Please send the following information via email to mm@kucoin.com, with the subject title ‘Spot Market Maker Application’:

·One KuCoin account ID (a non-referred account is required).

·Proof of volume traded on any exchange within the past 30 days. Proof of a VIP level is also acceptable.

·A brief explanation of your market making method (NO detail is needed), as well as estimation of maker orders’ percentage.

Thanks for your support!

The KuCoin Team