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When does the market maker program start for digital currencies?

avatarMcCoy RivasDec 18, 2021 · 3 years ago3 answers

Can you provide more details on when the market maker program is scheduled to start for digital currencies?

When does the market maker program start for digital currencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The market maker program for digital currencies is expected to start in the next quarter. This program aims to incentivize liquidity providers to enhance the trading experience for users. By offering rewards and benefits to market makers, exchanges hope to attract more liquidity and improve the overall market depth. Stay tuned for official announcements from the exchanges for the exact start date of the program.
  • avatarDec 18, 2021 · 3 years ago
    As of now, there hasn't been an official announcement regarding the start date of the market maker program for digital currencies. However, it is anticipated to launch soon, as exchanges recognize the importance of liquidity in the cryptocurrency market. The program is designed to encourage market makers to provide continuous buy and sell orders, which helps to stabilize prices and reduce volatility. Keep an eye on the exchange's official channels for updates on the program's start date.
  • avatarDec 18, 2021 · 3 years ago
    The market maker program for digital currencies is set to commence on October 1st. This program, offered by BYDFi, aims to incentivize liquidity providers to enhance trading liquidity and depth on the platform. Market makers will be rewarded with various benefits, including reduced trading fees and priority access to new listings. Stay tuned for more details on how to participate in the program and the specific requirements set by BYDFi.