Cryptocurrency exchange KuCoin, today announced that in order to help market makers on the troubled crypto exchange FCoin overcome their difficult situation (7000 – 13000 BTC insolvent), KuCoin is launching the FCoin market maker support program of up to $50 million US dollars.
Activity 1: The Market Makers on FCoin As the Market Makers on KuCoin
Users who are qualified market maker on FCoin can also enjoy at least 3 months of the same tier rate corresponding to that of KuCoin, and subsequently, join the KuCoin and KuMEX market maker incentive plans to enjoy various benefits.
Activity 2: Zero Interest loans of up to 50 million
In order to better help market makers on the FCoin platform reduce losses; KuCoin along with its professional lending institution partners will provide zero-interest loans of up to $50 million to the market makers on FCoin. The loan includes but is not limited to BTC, USDT, and ETH and the interest-free amount depends on the actual loss.
Contact KuCon’s market maker client manager to get more information:
- Email: mm@kucoin.com
- Telegram: @moreforreal
