Boost Liquidity: Coinlist to Waive Market Maker Fees for 3 Months

CoinList employs a discount mechanism tied to various trading categories to ensure that less liquid currency pairs receive adequate consideration.

Additionally, the top five traders are eligible for a 0.05% reduction in fees for posting pending orders based on their 30-day average execution volume. These classifications are described as follows:

• Tier 1 (1x multiplier): BTC, ETH
• Tier 2 (2x multiplier): MATIC, SOL, DOGE, SUI, AVAX, LINK, DOT, FIL
• Tier 3 (3x multiplier): AAVE, ALGO, ICP, FLOW, STX, ROSE, OCEAN, IMX, MKR, XTZ, MINA, CELO, GAL, COMP, T, SKL, CSPR, BICO, CLV, BLD, OXT, BTRST, NYM, VEGA, GODS, CUSD, HMT, GOG, CQT, BZZ, WCFG, UNI, EFI, CYBER, NEON, CFG, WAXL

The top five USDC market makers will receive rebates at the beginning of each month based on their trading volume from the previous month.

Between August 14 and August 23, there was a 10% decline in total market capitalization in cryptocurrency. This decline brought the market capitalization to $1.04 trillion, the lowest level over two months. Consequently, Coinlist’s incentive program can motivate traders significantly during this challenging period.

Coinlist is a well-known and trustworthy crowdfunding platform that frequently lists high-quality projects. Most token sales featured on Coinlist are deemed to be Blockchain Layer-1 ventures with substantial growth potential. As a result of the extraordinary success of token sales such as Solana, Near, and Flow, the platform’s reputation and user confidence have been bolstered.