Ⅰ. Rules
- Application Eligibility
- . Regular Application: CoinW verified users who satisfy any one of the following rules can apply for the market maker
Ÿ Account assets equivalent to more than 100,000 CNYT or Main Zone assets equivalent to more than 50,000 CNYT
Ÿ 10000 CWT lockup (Freeze corresponding assets during market maker period after application)
Ÿ Accumulated trading amount in CoinW in the past 30 days is equivalent to over 10 million CNYT
- Market maker of other Exchanges is market maker of CoinW: the market maker account of other Exchanges can be treated as the market maker account of CoinW, and the detailed information of level equivalence from other Exchanges to CoinW should be asked by e-mail
Note: There will be 14-day probation period after being confirmed eligibility by contacting the official CS, and if there’s no violation of the Market Maker Disqualification during the probation period, CoinW will official courtslicense the market maker
- Applied Trading Pairs
All listed trading pairs
- Fee Equity
|
Market Maker |
Daily Trading Amount（Equivalent to CNYT，labeled as“α”） |
Maker Fee |
Taker Fee |
|
Level 1 |
α < 200,000 |
0.06% |
0.08% |
|
Level 2 |
200,000 ≤ α ≤ 1,000,000 |
0.05% |
0.07% |
|
Level 3 |
1,000,000 ≤ α ≤2,500,000 |
0.04% |
0.06% |
|
Level 4 |
2,500,000 ≤ α ≤ 10,000,000 |
0.01% |
0.04% |
|
Level 5 |
α ≥ 10,000,000 |
0 |
0.02% |
Other: Priority rights to participate offline activities, customized peripheral products...
- Level
Evaluation & Equity Enjoyment Period: Take 30 natural days as the evaluation period and equity enjoyment period
- . Regular Application
Ÿ First time become a CoinW market maker: The first application will be rewarded a 14-day level 2 equity experience. If you need to upgrade the level for the first time, please contact CoinW official
Ÿ First evaluation period after the experience period: Market maker level for the first 30 days is calculated based on the average trading amount of the 14-day experience period
Ÿ Subsequent level calculation: The trading amount of current evaluation period will determine the equity level of next equity enjoyment period
2). Market maker of other Exchanges is market maker of CoinW
Ÿ First time become a CoinW market maker: The level of CoinW market maker is converted from other Exchanges’ level and there is a 14-day equity experience. You can email us for more detail
Ÿ First evaluation period after the experience period: Market maker level for the first evaluation period is calculated based on the average trading amount of the 14-day experience period
Ÿ Subsequent level calculation: The trading amount of current evaluation period will determine the equity level of next equity enjoyment period
- Equity Conjunction
- . VIP Trading Fee
Ÿ Main Zone: Automatically match to low rate
Ÿ Other: Normal to VIP
- . CoinW Regular Time-limit Promotion
Ÿ Market maker promotion doesn’t support VIP, trading amount related promotions and any other referral promotions
- . CWT Lockup
Ÿ Become a market maker through locking up CWT. The lockup CWT does not enjoy other equities.
- Application
Ÿ To apply for becoming CoinW market maker, you must send e-mail to mm_service@byw.ai
Ÿ Email Subject: Market maker application
Ÿ Contents:
Ÿ Required: User’s CoinW UID, phone number, available WeChat
Ÿ Optional: Team information, market basic strategy, business achievements, served platforms, inviter or no inviter and the required information of the inviter
Ÿ Reply Time: We will give you a reply within 48 * hours of receiving the email
Ÿ Effect Time: You can enjoy the equities the next day after receiving the confirmation email
- Market Maker Disqualification
Matching any one of the following situation will be disqualified by CoinW
Ÿ The average daily trading amount less than 100,000 CNYT for two consecutive months
Ÿ The average account assets less than 50,000 CNYT for two consecutive months
Ÿ Malicious attacks on CoinW trading modules in any ways
ŸIf the account is reported suspected money laundering, trading cheating, trading loopholes exploiting, etc., the platform has the right to terminate its market maker rights.
- Other Terms & Disclaimer
Ÿ The market maker level requirement will be adjusted from time to time according to the market
Ÿ CoinW reserves all the rights of final interpretation
Ÿ CoinW bear no responsibility of the termination caused by force majeure (including but not limited to natural disaster, terroristic attack, regulatory policy, etc.)