Binance Futures Market Now Have Negative Maker Fee on Selected Trading Pairs

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Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • Binance is still working to improve the market conditions for individual traders by leveraging the market conditions.
  • The implementation of the negative maker fee is said to further enhance the liquidity on the Binance platform.
  • This new program will be a direct invitation to the traders whose 30-day trading volumes exceed more than 1000 BTC on Binance.

The implementation of the negative maker fee is said to further enhance the liquidity on the Binance platform and also to provide better user experience to the individuals using the platform. The revised fees structure applicable to all the traders and have introduced now a negative maker fee structure to a set of selected trading pairs.

This new program will be a direct invitation to the traders whose 30-day trading volumes exceed more than 1000 BTC on Binance, and with the requires trading strategies will invite themselves into the program.

The same numbers under the traders on other exchanges also welcomed on this program said the report shared by Binance. The benefits of the new program include Negative Maker fees for selected trading pairs with Higher API (Authorized Payments institution) limits combined with ultra-low latency and support services.

The weekly report of the market making showed the following results. It covers the perpetual futures on the market making list, with daily and weekly providence with detailed results to help individual traders analyze the performance over their trades and provide an opportunity to help them develop their skills.

Finally, the qualifying market makers will have negative maker fees, and this will be updated regularly to showcase individual traders market making experience. The other factors the individual traders get tin their reports include maker Volumes, bid/offer spread, total order size, order duration, market-making time.

Binance is still working to improve the market conditions for individual traders by leveraging the market conditions and formulating new strategies that are being implemented regularly and also in specific condition requirements.

It has previously released new and updated software for easy access and improved user experience. Further projects also planned and developed to improve the same.

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