Huobi: Huobi to Update Assessment Mechanism and Fee Rates for Market Makers Dear Huobi Market Makers: To better serve our users and improve market liquidity, Huobi is planning to update the assessment mechanism and fee rates for market makers at 6:00 (UTC) on February 1, 2023. We advise you to prepare in advance for the following changes: Market Maker Fee Rates Adjustment (1 bps = 0.01%) For Spot Makers: The better of the following 2 indicators of a market maker will be used for its performance assessment and determine the maintenance, upgrade, or downgrade of its tier level. For USDT-Margined Makers: The best of the following 3 indicators of a market maker will be used for its performance assessment and determine the maintenance, upgrade, or downgrade of its tier level. For Coin-Margined Makers: The best of the following 3 indicators of a market maker will be used for its performance assessment and determine the maintenance, upgrade, or downgrade of its tier level. Elimination Market makers will be disqualified if both the monthly weighted maker trading volume and the monthly weighted depth are less than 1,000,000 USDT / Calendar month during the assessment period. Futures API Frequency Limit (Number of Visits Every 3 Seconds) 🪧 Table display is not currently supported How to Become a Market Maker Apply to become a market maker by sending an email to market_maker@houbi.com or contacting your account manager. - A Huobi account holding at least 200,000 HT or a total asset of 2 million USDT can enjoy the Tier S preferential policy as a market maker and enjoy Prime 11 preferential fees. - A Huobi account holding at least 100,000 HT or a total asset of 2 million USDT can enjoy the Tier 1 preferential policy as a market maker and enjoy Prime 10 preferential fees. - A Huobi account can enjoy the Tier 2 preferential policy as a market maker if it holds an asset equivalent to 5 BTC in spot account or equivalent to 3 BTC in Futures account. Welcoming Events for New Market Makers To celebrate our partnership with Dominica, Huobi is launching a preferential policy for market makers. Huobi Offers 1 bps USDD Rebates for Incremental USDT-M Perpetual Futures Trades by Market Makers Thank you for your support! Huobi January 20, 2023 Trade on the go with Huobi App (iOS/Android) Find us on Twitter: https://twitter.com/HuobiGlobal Facebook: https://www.facebook.com/huobiglobalofficial/ Instagram: https://www.instagram.com/huobiglobalofficial/ Reddit: https://www.reddit.com/r/HuobiGlobal/ Medium: https://huobiglobal.medium.com/ Telegram: https://t.me/huobiglobalofficial https://t.me/HuobiGlobal_zw https://t.me/HuobiFutures_en Discord： https://discord.gg/huobi Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here. Original link: