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Crypto Facilities extends liquidity boosting revenue share program

Crypto Facilities introducing revenue share program to reward liquidity

Crypto Facilities, the cryptocurrency derivatives exchange, recently acquired by Kraken, today announced an extension of its previously declared Revenue Share Program (RSP) beyond the initial 10 week period.

Since the start of its Revenue Share Program (RSP) in late January, Crypto Facilities reports having seen a marked growth in liquidity on the exchange.

For example, liquidity in its XBT/USD Perpetual has improved around 6 times:

Crypto Facilities extends liquidity boosting revenue share program

For the extension, the RSP will be designed to align payouts more closely to trading volumes, the $50,000 fixed weekly payout will be replaced by a 30% revenue share per Contract Type with a guaranteed $25,000 minimum payout, split amounts are shown below:

  • XBT: USD $8,000
  • ETH: USD $8,000
  • XRP: USD $3,000
  • LTC: USD $2,500
  • BCH: USD $2,500
  • XRP: XBT $1,000

These changes will become effective on April 12, 2019, indefinitely.

Market Parameter Changes

On March 22, 2019, 12:00 UTC the following market parameter changes will become effective:

XBT:USD contracts tick size change from $1 to $0.50

ETH:USD contracts tick size change from $0.10 to $0.05

Fee Schedule Changes

From March 22, 2019, 12:00 UTC onwards, trading fees across all contracts will be changed to -0.02% for maker trades and 0.075% for taker trades.

Crypto Facilities makes available a demo and conformance testing environments for users who want to test out trading on the platform without risking real funds or for testing API implementations.

Source:Crypto Facilities

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