Market makers, would these conditions attract you?

artbart

jr. member

Activity: 95

Merit: 1

Quote from: Potato Chips on December 10, 2018, 07:59:58 PM

Rebates are nice but if its dust, not really...

Well, 0.05% from 1M is 500. Which seems to be a dust if you are actually trading a million. But, if you only trade 1k for thousand times and end-up even on trading fees, it makes the same million in volume and like 50% in rebates.

So, could you elaborate on your personal opinion on "dust"? Thanks in advance.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Rebates are nice but if its dust, not really. Whatever the perk is I would always prioritize safety above all else, hence I wouldn't instantly jump just because you are running a perk/promo. There would be some sort of screening based on the available information about the said service.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

A rebate would usually attractive whatever the percentage of it once the trade was made.

Setting a trial period shall be good but if that's your condition, expect that traders would come in and pass by after that expiring period of the rebate.

artbart

jr. member

Activity: 95

Merit: 1

1. Instant rebate of 0.01% to 0.05% from a trade.
2. Starting with claimed rebate fee on day one for the first month. Meaning you claim your volume and get the corresponding rebate fee on day one. After 30 days pass we'll adjust the fee based on your real volume.

If you have any suggestions on how to attract market maker please share.

Thanks!

Topic: Market makers, would these conditions attract you? (Read 189 times)