Why ChainEX is Literally Paying You to Trade (The Maker Reward Explained)
Howzit ChainEX community!
We’re going to be blunt: Most cryptocurrency exchanges view their users as a source of fees. At ChainEX, we view our traders as partners in liquidity.
If you’ve been looking at our order books and noticed some "thin" areas, especially in pairings like USDC/ZAR, you aren't looking at a problem—you’re looking at a profit opportunity.
What is the Maker Reward?
ChainEX is one of the only exchanges in the world that offers Negative Maker Fees.
In plain English: When you place a "Maker" order (a limit order that doesn't fill instantly but adds liquidity to the book), we don't charge you a fee. In fact, we pay you.
When a "Taker" fills your order, you receive a reward of up to 15% of the fee paid by that taker.
Why the USDC/ZAR Book is a "Maker’s Paradise" Right Now
Currently, our USDC/ZAR volume has plenty of room for growth. For a savvy trader, this is a goldmine:
- Set the Spread: By placing limit orders within the gap, you provide the liquidity the market needs.
- Collect the Rebate: Because you are "Making" the market, you aren't just trading; you're earning a 15% share of the fees on every single fill.
- Compound Your Gains: Combine your trading strategy with the Maker Reward to pad your margins on every trade.
How to Start
You don't need a massive trading desk to benefit.
- Step 1: Head to the ChainEX Markets: https://chainex.io/markets
- Step 2: Look for markets with a spread (like USDC/ZAR).
- Step 3: Use Limit Orders to place your buys slightly lower or sells slightly higher than the current price.
- Step 4: Wait for the fill and watch the rewards reflect in your account.
Stop paying for the privilege of trading. Start getting paid to provide liquidity to South Africa's homegrown exchange.