Greetings from MCS, the derivatives trading platform where traders ALWAYS come first.
MCS is holding a ⭐️140% Upgrade in MCS Maker Rebate Event⭐️ in celebrating the official launch! 🎉
To return our gratitude for traders that have shown consistent support and interest from MCS TestNet to the present state, we will be holding a 140% Upgrade in MCS Maker Rebate Event.
We encourage active participation from our loyal traders, and for more information, please find below.
MCS Launch Celebration : MCS Maker Rebate Upgrade Event(BTC/USDT Perpetual Contract)
1. Maker Rebate Upgrade by 140%
During the event, maker rebate for BTC/USDT perpetual contracts will upgrade from -0.025% to -0.035%, a ⭐️140% increase⭐️.
💡 What is a maker order?
👉 It is a bid order placed by a trader at a certain price that doesn't get matched immediately.
Ex) When a BTC/USDT perpetual contract is placed at 10,000USDT, the condition below satisfies a maker order.
- When a short position at 10,000.5USDT doesn't get matched straight away and the remaining volume for 10,000.5USDT gets accumulated in the orderbook.
- When a long position at 9999.5USDT doesn't get matched straight away and the remaining volume for 9999.5USDT gets accumulated in the orderbook.
*A maker order is a bid price that gets listed on the orderbook including examples described above.
Event Period and Product Target
🔸 Event Period : June 29, 2020 at 3:00AM (UTC) ~ July 13, 2020 at 3:00AM (UTC)
🔸 Product Subjected to Trading Fee Upgrade : BTC/USDT perpetual contracts
1️⃣Traders using MCS on June 29, 2020 are required to refresh the page after 3AM (UTC) in order for the maker rebate modification to come to effect.
2️⃣Maker rebate can be checked on the available account once the maker order settles.
3️⃣MCS holds the right to interpret the event to its entirety, wherein changes and cancellations may occur.
Traders ALWAYS come first on MCS.
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