What is a marker rebate on BitMEX and how does it work?
jen23Dec 26, 2021 · 3 years ago3 answers
Can you explain what a marker rebate is on BitMEX and how it functions?
3 answers
- Dec 26, 2021 · 3 years agoA marker rebate on BitMEX refers to a type of incentive provided to traders who place market orders. When a trader executes a market order on BitMEX, they may receive a rebate on their trading fees. This rebate is given to encourage liquidity provision and market-making activities on the platform. The amount of the rebate is determined by the trading volume and the specific fee structure of BitMEX. It's important to note that the marker rebate is only applicable to market orders and not limit orders or other types of orders.
- Dec 26, 2021 · 3 years agoSure! A marker rebate on BitMEX is a reward given to traders who add liquidity to the market by placing market orders. When a trader places a market order, they are essentially buying or selling at the best available price in the order book. By doing so, they are providing liquidity to the market. In return for this liquidity provision, BitMEX offers a rebate on the trading fees. This encourages traders to actively participate in the market and helps to maintain a healthy trading environment. The amount of the rebate varies based on the trading volume and fee structure of BitMEX.
- Dec 26, 2021 · 3 years agoA marker rebate on BitMEX is an incentive provided to traders who place market orders. When a trader executes a market order, they are essentially buying or selling at the current market price. By placing market orders, traders contribute to the liquidity of the platform. In order to encourage this liquidity provision, BitMEX offers a rebate on the trading fees. The rebate amount is determined by the trading volume and fee structure of BitMEX. This encourages traders to actively participate in the market and helps to ensure a liquid and efficient trading environment.
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