What are the advantages of receiving a marker rebate on BitMEX?
Muhammad ShafiNov 27, 2021 · 3 years ago3 answers
Can you explain the benefits of receiving a marker rebate on BitMEX and how it can impact trading on the platform?
3 answers
- Nov 27, 2021 · 3 years agoReceiving a marker rebate on BitMEX can provide traders with several advantages. Firstly, a marker rebate is a form of incentive offered by BitMEX to traders who provide liquidity to the market. By placing limit orders that are not immediately executed, traders can earn a rebate on their trading fees. This encourages traders to add liquidity to the order book, which helps to improve market depth and stability. Additionally, the marker rebate can help offset trading fees, reducing the overall cost of executing trades on BitMEX. Overall, the marker rebate incentivizes traders to contribute to a more liquid and efficient market on BitMEX.
- Nov 27, 2021 · 3 years agoWhen you receive a marker rebate on BitMEX, it means that you are being rewarded for adding liquidity to the platform. By placing limit orders that are not immediately filled, you are helping to create a more liquid market for other traders. In return, BitMEX offers a rebate on your trading fees. This can be a significant advantage for active traders who place a large number of limit orders. The marker rebate helps to reduce the cost of trading and can improve profitability. It also encourages traders to participate in the market and contribute to its overall liquidity.
- Nov 27, 2021 · 3 years agoBitMEX, one of the leading cryptocurrency derivatives exchanges, offers a marker rebate program to incentivize traders to provide liquidity to the market. By placing limit orders that are not immediately executed, traders can earn a rebate on their trading fees. This rebate can help offset the costs of trading and improve profitability. BitMEX's marker rebate program is designed to encourage traders to add liquidity to the platform, which in turn enhances market depth and stability. By participating in the marker rebate program, traders can benefit from reduced trading fees and contribute to a more efficient trading environment on BitMEX.
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