Huobi 100% Taker Fee Rebates promotion

In view of the high enthusiasm of users participating in the previous activity, in order to improve the trading experience, Huobi Global will extend the ” Maximum 100% rebate: Market Maker Taker Trading Rebate Event ” for another month.

Eligible market makers, the Taker trading volume of the month If there is a positive growth compared to the previous month, the absolute incremental net handling fee will be calculated according to the growth ratio for rebate, and the maximum can be returned to 100%!

The rules are as follows:

The promotionm runs from April 1, 2022 00:00 (GMT + 8) to April 30, 24:00 (GMT + 8).

The eligibility is Spot and USDT-M Swaps perpetual contract market makers (must meet the Taker level of the current month ≥ Pro1).

During the April event, the platform will compare the Taker trading volume of market makers’ spot and USDT-M Swaps perpetual contracts, and calculate it with the previous month’s (March) month-on-month Taker trading volume (if the growth rate is greater than 100%, Calculated at 100%), separately calculate and return the net handling fee of the increased portion of Taker (that is, the Taker rate of the business line minus the S-level Maker rate of the business line to calculate the rebate), if the Taker transaction volume does not increase from the previous month You cannot get rewards.

How to calculate the Taker trading rebate amount?

Formula = (Total Taker transaction value of corresponding business line in April (excluding self-transaction part) – Total Taker transaction value of this business line in March) / Total Taker transaction value of this business line in March * Effective Taker transaction increment (excluding self-transactions) Transaction part) * (corresponding to the current Taker rate of the business line – the absolute value of the Maker rate corresponding to the S-level market maker of the business line)

Go to Huobi’s Official Website

For example

Market maker Sam’s spot Taker transaction volume in March was 100 million USDT.

During the activity period in April, the spot Taker transaction volume was 122 million USDT.

After excluding the Taker transaction volume of 2 million USDT in the month, the net Taker transaction volume was 120 million USDT, which was a 20% increase from March, or 20 million.

Therefore, the market maker can obtain 20 million USDT * (the current Taker rate of the spot – the absolute value of the Maker rate of the spot S-level market maker) * 20% as a rebate reward for this activity.

The transaction amount during the event period is included in the Taker rate assessment.

The self-transaction part needs to be excluded when the Taker volume is counted.

Market makers who join the current month and the previous month cannot participate in this event.

According to the activity rules, users with a Taker transaction volume of 0 in the last month cannot get rebates.

The event rewards will be distributed to the user’s currency account and USDT-based perpetual swap account within 7 working days after the event ends.

Go to Huobi’s Official Website