Up to 100% Taker Fee Rebates for Market Makers

Dear Valued Users,

In order to reward HTX’s market makers, HTX will carry out the "Pay you to Trade –  Market Makers’ Taker Fee Rebates" Campaign. All eligible market makers whose Taker trading volume of the month shows a positive increase compared to the previous month, can receive up to 100% rebate against the net transaction fees for the absolute increment of the Taker volume! The rules are as follows:

 

Campaign Period:

16:00 (UTC) on Mar 7, 2022 – 16:00 (UTC) on Mar 31, 2022

 

Target Users:

Spots & USDT-M Swaps Market Makers whose Taker level shall be no less than Pro 1.

 

Rules:

During the campaign in March, HTX will separately calculate and rebate the net transaction fees of the Taker increment volume (that is, deduct the part of Tier-S Maker fees), based on the month-on-month growth rate (up to 100%) in Taker trading volume of spots and USDT-M Swaps. If the month-on-month growth rate is negative, no rewards will be given.

 

How to Calculate Taker Fee Rebates?

Formula: Taker Fee Rebates = (Your Taker Trading Volume of the Corresponding Business Line in March – Your Taker Trading Volume of the Corresponding Business Line in February) / Your Taker Trading Volume of the Corresponding Business Line in February * Your Valid Taker Increment Volume * (Taker Fee Rate of Your Level in the Corresponding Business Line – |Maker Fee Rate of Tier-S market makers in the Corresponding Business Line|)

Please note the volume of self-trades will be excluded and “| |” refers to the absolute value.

 

For example,

Market maker Sam traded 100 million USDT and 122 million USDT of spots as a Taker in February and March, respectively. After excluding the self-trading volume of 2 million USDT from Taker orders, his net Taker trading volume shall be 120 million USDT for March, which is an increment of 20 percent month-over-month growth when compared with February. It is equivalent to 20 million USDT. Hence, he can receive a rebate as much as:

20% * 20 million USDT * (Taker fee rate of his spot level – |Maker fee rate of Tier-S spot market makers|)

 

Terms & Conditions:

      Only the volume during the campaign period will be counted for the Taker fee rate level evaluation.

      The part for self-trades will be excluded from Taker trading volume.

      Rewards will be distributed to users’ exchange account and USDT-margined swaps account within 7 business days after the end of the campaign.

      HTX will disqualify participants and their rewards if any malicious behavior, such as maliciously brushing amount, registering batches of sub-accounts, self-trading, matched orders, etc., is detected.

      HTX reserves the final interpretation of the campaign.

 

“Earn Trading Rebates on USDT-M Futures!” campaign is on, please click HERE for details.

 

Thank you for your support!

 

HTX Global

Mar 9, 2022 

 

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HTX reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and HTX makes no recommendations or guarantees in respect of any digital asset, product, or promotion on HTX. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Reminder text here.