New Binance program supports altcoin market makers with 18 trading pairs
Binance launches Altcoin LiquidityBoost Program with maker fee discounts
Binance has introduced a new spot liquidity initiative called Altcoin LiquidityBoost, aimed at meeting the needs of small- and medium-sized liquidity providers focusing on altcoin market-making.
According to Binance, the program will offer competitive fee discounts for altcoin market-making, encouraging a broader range of liquidity providers to complement the exchange’s existing offerings.
Opportunities for small and mid-sized players
Altcoin LiquidityBoost initially includes 18 trading pairs, such as INIT/USDT, EOS/USDT, HYPER/USDT, PARTI/USDT, ICP/USDT, KERNEL/USDT, CFX/USDT, W/USDT, KMNO/USDT, IOTX/USDT, ONDO/USDT, TON/USDT, FIL/USDT, WCT/USDT, BABY/USDT, SXT/USDT, SYRUP/USDT, and STO/USDT.
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Binance will regularly update the list based on market demand and new participants.Eligibility criteria go into effect on June 6, and maker fee discounts will begin on June 17.
As we wrote, Binance launches $1.8M Spot Traders League with ROI and PnL challenges
