StablecoinsEx, the world’s first regulated stablecoin clearing house, announced the upcoming launch of their exchange in June, having the industry’s highest rewarding rebate system for Market Makers, with 50% of collected fees, which amount to 10 basis points (0.10%) from Market Takers collected fees which amount to 20 basis points (0.20%).
How does it work?
Here’s a video explaining it.
What is the Rebate System and how does it work?
A Rebate is a reward that you pay to the Market Maker for providing liquidity to a market while charging customers who take that liquidity. In other words, if a trade outside of the immediate market price is matched, it incentivizes the traders who placed the order.
The Market Maker is exempt from any fees, regardless of its trading volume. Additionally, the Market Maker gets a 50% rebate (profit-split) from Market Takers.
The Market Taker (MT) is charged a fixed fee of 20 Basis Points (0.20%), regardless of its trading volume.
Market takers need liquidity and immediacy to ensure a reasonable price exists whenever they need to enter a trade or close an existing position. Market takers accept that they must give up the edge in return for the service provided by the market maker. Market takers tend to turn over their positions less frequently than market makers and, therefore, generally are less concerned about trading costs.
About StablecoinsEx
StablecoinsEx is an Estonian-based platform which offers all major stablecoins for trading and acts as a gateway between cryptocurrency exchanges. It's licensed and regulated by the Estonian Financial Intelligence Unit (FIU) and comprises experienced professionals in the cryptocurrency industry, in trading, asset management, project development, legal counseling, compliance, cyber threat intelligence and cybersecurity.
Check them out at the following links:
Website, Twitter, Facebook
