Bitcoin and cryptocurrency exchange Bgogo announced today it is now officially accepting applications for Market Makers (MM). The exchange is seeking Market Makers to improve the overall trading experience, enhance liquidity, and increase trading depth.
MM accounts benefit from ZERO trading fees. MM accounts are exempt from trade mining, including rebate benefits from BGG and other featured coins on the Bgogo platform.
Below are details about being a Market Maker for Bgogo:
Organizations or individuals applying for MM accounts must submit an email proposal with the following information:
- A background statement or introduction about the MM team or individual.
- Detailed professional history as a Market Maker.
- The platform will determine the initial qualification based on the submitted material.
The application and selection process will end on December 31st, 2018. Once an application is approved, the market maker may begin to operate immediately. New terms and conditions will be released at the start of 2019.
Once approved, MM accounts have a daily trading requirement equivalent to 5 BTC.
Users interested in applying for MM account status must send an email to business@bgogo.com with the subject head as follows: [(your name) MM account application]. The company asks to include your name, contact information, a brief introduction, and professional history in your email. Once MM account request is reviewed, a Bgogo team member will contact the applicant for further review.
Bgogo.com is registered in Cayman Islands and headquartered in Palo Alto, California. Bgogo founders include members from leading Internet companies such as Facebook, Twitter, IBM, Alibaba, etc. The core engineering team consists of several world champions of the ACM International CollegiateProgramming Contest.