Introduction
Starting May 1, Bitget is set to unveil an enhanced version of its Liquidity Incentive Plan, aimed at boosting both liquidity and transaction effectiveness for spot and derivative trading.
New Incentive Structure
This revamped initiative introduces a tiered incentive structure, which offers competitive rebates for users engaging in trading. Specifically, participants can benefit from a maximum Maker rebate of -0.012% within the spot market and -0.005% in the contract trading arena. Meanwhile, the least Taker fee has been established at 0.020% for spot trades and 0.025% for contracts.
Notable Features
Notably, for the first time, prominent perpetual contract pairs such as BTC/USDT and ETH/USDT are included in the tier benefiting from negative fees for Makers. Currently, the program encompasses around 130 different contract currencies, with plans for further expansion depending on liquidity dynamics.
Opportunities for Trading Teams
Additionally, new trading teams can present their historical transaction data to qualify for upgrade opportunities, allowing them to access premium rates and heightened API frequency limits early on.
Institutional Market Presence
Recent reports from Bitget indicate that the platform currently serves over 1,000 institutional clients and market makers, reflecting its commitment to enhancing its institutional market presence this year.
In the second quarter, Bitget has also upgraded its lending services targeted at institutional users and has initiated real-time testing of a unified account system.
