Time: June 6, 2018 16:00 – July 04, 2018 16:00 (GMT+8)
Rules:
1. Users whose net asset reaches 20 BTC or 60000BIX can submit the market maker application and become a market maker to enjoy the benefits.
2. Market maker account enjoys a different proportion of fee rebate based on its daily trade volume. The fee can be as low as 0, please see the following table for details.
| Market Maker Level | Daily Trade Volume | Rebate |
| LV1 | 20BTC | 20% |
| LV2 | 100BTC | 40% |
| LV3 | 200BTC | 70% |
| LV4 | 1,000BTC | 100% |
*It will be calculated in BTC if the trades involves several markets
3. The rebate of that day will be cancelled if market maker fails to reach the daily trade volume based on its level.
4. The rebate will be issued every 7 days and will be issued to the trading account.
5. The rules can also be applied to token trading and margin trading
6. The rules can be applied to all markets of Bibox including BTC, ETH, BIX, USDT and DAI.
* Bibox reserves the right to final interpretation of event and to amend rules at our sole discretion.*
Thanks for your support in Bibox!
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