Cryptocurrency Market Makers Turn on the “High-speed Mode”. Come to CoinEx to Share 200,000 USDT Exclusive Prize Pool for Spot Market!

I. Duration

00:00 June 7, 2021–00:00 June 26, 2021 (UTC)

II. Participation

All spot market makers on CoinEx:

III. Rules

The promotion includes “Ask & Bid mining” and “Trade-driven mining”. All participated spot market makers will share the exclusive prize pool of 200,000 USDT according to the following rules:

1. Spot markets available for this promotion

BTC/USDT、BTC/USDC、ETH/USDT、ETH/USDC、ETH/BTC、ETH/BCH、ADA/USDT、XRP/USDT、DOGE/USDT、BCH/USDT、LTC/USDT、TRX/USDT、ETC/USDT、EOS/USDT、DASH/USDT

2. Scoring criteria

Mainly, the market makers will be evaluated by two indicators of spread and depth, and a snapshot of their spread/pending orders on a minutely basis to calculate scores.

Notes:

  • The above price range is compared with the average value of the Bid1 price and the Ask1 price on CoinEx; Bid1 and Ask1 refer to the highest price of a buy order (buy one) and the lowest price of a sell order (sell one); the average price is (Bid1+Ask1)/2=AVG;
  • 0~3‱ is calculated as:
  • The market value of the pending order=the cumulative value of the pending order amount that meets the price range.

IV. Allocation

All prizes will be allocated to the spot accounts at 00:00 (UTC) on a daily basis.

V. Privileges of special market makers

1. Exclusive fee rate: Sign up to be a market maker during promotion to enjoy Optimal fee rate;

VI. About CoinEx API

The security, stability, functionality and professionalism of CoinEx API are in the leading position in the industry. With reference to the market push protocols of major global financial exchanges, CoinEx API supports full/incremental market data push. Professional investors can build a complete market depth and order book locally to use more complex trading strategies.

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