Huobi Global Becomes the First Exchange to Offer Maker Fee Discounts to All USDT-M Futures Traders
[PRESS RELEASE – Please Read Disclaimer] Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of a campaign to discount trading fees for USDT margin futures, becoming the first cryptocurrency exchange to offer maker fee discounts (up to 0.015). %) for all users. The platform also offers one of the lowest taker fees on the market: even normal users can receive 0.02% taker fees for trading USDT margined futures. Commonly used among digital asset trading platforms, the maker and taker model is a method of separating orders that provide liquidity (maker orders) from orders that take liquidity (taker orders). Unlike a taker order, which gets the compensation when the order is immediately compared to an order already in the order book, a maker order gets the compensation when the order is placed in the order book and waits for others to match it. This particular campaign is unique in that it incentivizes all individual users to trade as creators by offering them an additional 0.015% of the trading volumes of their USDT margined futures. USDT margined futures play a vital role as derivatives by allowing investors to hedge, speculate on an underlying or leverage their positions. With USDT stablecoin as a margin asset, users can trade multiple contracts without having to buy different assets. When people trade USDT margined futures, profits are calculated in USDT, making it easier for investors to benchmark and calculate profits. In addition to the high maker fee discount, Huobi’s USDT-margined futures also offer fees as low as 0.02% for all users who trade as a taker. Usually only the highest level of VIP or market makers can enjoy this advantage on competing platforms. “We hope that even users with limited capital can take advantage of our ecosystem, which is why we are launching this campaign. In addition to helping users save on trading costs, we also have advanced risk control systems that help assess risk and protect them from unexpected liquidation when entering leveraged positions,” said Jeff Mei, director of Global Strategy. Feb 28, users can trade and earn extra income on Huobi Futures.For more details, click here.About Huobi Group Huobi Group, a global leading blockchain company, was founded in 2013 to achieve breakthroughs in key blockchain technology and facilitate the integration of blockchain technology with other industries. Huobi Group has expanded its products and services to public blockchains, digital asset trading, wallets, mining pools, proprietary investments, project incubation, digital asset research and more. Huobi Group has established a global digital ecosystem by invest in mee r than 60 upstream and downstream companies in the blockchain industry. SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and get $100 Free and 10% Off Fees on Binance Futures First Month (Terms and Conditions). PrimeXBT Special Offer: Use this link to register and enter POTATO50 code to get 25% off trading fees.