Gate.io has announced the launch of an Institutional Market Maker Incentive Program, where top liquidity providers can earn various rewards.
During 2021, the popularity of the Gate.io global cryptocurrency exchange platform has skyrocketed. Gate.io now lists more than 1,300 crypto assets, and the number of registered users has exceeded 10 million people.
As the popularity of the platform continues to grow, the exchange team began to focus on long-term growth, with a focus on Market Maker as part of the platform’s institutional services.
Market maker at Gate.io
Market makers are an important component of the global cryptocurrency market. They provide liquidity to both decentralized and centralized exchanges. As Gate.io seeks to expand its presence in the world, the platform has strengthened key partnerships in this direction and launched several incentives to attract more partners.
Under Market Maker, Gate.io offers various features for large traders, such as flexible leverage up to 100x, order frequency of 900 r/s, order cancellation of 5000 r/s, and support for over 300 WebSocket connections. These are the main features within the ongoing service of Gate.io corporate and VIP clients around the world.
Market Maker Incentive Program
To promote Gate.io’s premium services, the company has announced a new Market Maker Incentive Program, where leading liquidity providers can earn various rewards.
The rewards program includes a $200,000 monthly prize pool distribution, a free 30-day VIP+1 membership, up to $4 million in interest-free loans, exclusive COLO services with millisecond updates, and more.
In order to participate in the campaign, the volume of trading on all user accounts on Gate.io or new accounts from other platforms must exceed 3000 BTC in the previous 30 days in spot or contract trading. Users with VIP status from level 8 to 15 are invited to participate in the campaign.
About GIS
Gate.io Institutional Services is one of the main focus areas of the exchange, serving VIP clients from all over the world, including hedge funds, professional trading companies, market makers and many more. Large companies such as Nibbio, Tower Research and Banxa are partnering with Gate.io.
