Dear user,
To provide more users with a quality trading experience, the platform will launch a No Service Fee for Makers! We are looking forward to your participation.
Promotion period: July 6, 2023, 16:00 - July 20, 2023, 16:00 (UTC).
Participation: No registration is required, open to all users.
Scope of Application: All perpetual contract trading pairs
Promotion details:
CoinW invites you to experience futures trading with 0 maker fee! During the promotion period, the platform will refund all received fees from the Maker (the one who places the order) in USDT. The maximum refund is 500 USDT!
Note: The upper-limit statistical amount of the Maker fee refund is 500 USDT, which is maker fee generated from futures transaction, including the rebate amount, and the rebate part will not be returned
Additional note: Since some users currently might have an invitation rebate relationship, and the rebate income is part of the inviter's income. The platform will not refund this part, and will only refund the actual platform service charge. Please be aware of this.
Example 1:
A and B have an invitation relationship, where A invited B, and A enjoys a 40% rebate on B's transaction fees.
During the promotion, if B generats 100 USDT of maker fee, then 40 USDT (40%) should be rebated to A's account, and the remaining 60 USDT is the actual platform service charge, which the platform will refund to B.
Example 2:
If you have independently registered a CoinW account without any invitation or rebate relationships.
During the prmotion, if your maker generates 100 USDT for the service fee, you can receive a 100% refund of the platform's actual service fee, that is, a rebate of 100 USDT; If the maker generates 500 USDT for the service fee, you can receive a rebate of 500 USDT.
Example 3:
A and B are connected, with A inviting B. A enjoys a 40% commission rebate on B's transaction fees. During the promotion period, B generated 800 USDT in Maker fees. According to the rules, the maximum amount eligible for the Maker fee rebate is 500 USDT. Therefore, 40% of 500 USDT (200 USDT) should have been credited back to A's account as rebate, while the remaining 300 USDT will be the platform's actual charge, which can be refunded to B.
Note:
1. Promotion rewards will be settled every 8 days and distributed within 3 days after each settlement.
2. During the promotion, for all other trading-related events, the Maker transaction volume and fees will not be counted;
3. Futures trading volume=position value=number of contracts * face value * price;
4. To level the playing field, CoinW imposes a ban on all forms of cheats. Those who affect the operation of CoinW will be deprived of their rights to prizes, and those involved in cases of gross violation will see their accounts frozen.
5. All rights reserved. Please contact us if you have any questions.
CoinW Global
July 4, 2023