BitMart launches the new BitMart API Users Lifetime VIP Membership
Since the BitMart API feature was launched in August 2018, they've seen an increasing number of users set up API connections to enhance trading strategies. To give back to the BitMart API community, BitMart is excited to announce their NEW BitMart API Users Lifetime VIP Membership exclusive for API trading enthusiasts!
If you haven't had any experience with API trading on BitMart, you can find the instructions ๐here and the BitMart Developer page here.
What VIP Benefits Can You Get?
1. They've updated their fee rates for API users in conjunction with the newly launched VIP program. The higher your tier at, the lower the fee rates you can enjoy โ their maker fee goes as low as -0.001% (Rebate).
2. All new registered members can enjoy the VIP 3 (Rebate) fee level on BitMart during the 1st Trial Month (up to 30 days)
3. All members can enjoy adjusted trading fee benefit based on the past 30-day cumulative trading volume (see details in Terms & Conditions No.1)
6. Exclusive promotion activities held in BitMart API Club on Telegram
*Check BitMart's general trading fees, click ๐here.
How to Apply for VIP Membership?
- Make sure you have a BitMart account. If you're new to BitMart ๐Register Now
- Create your API Keys and start trading ๐ Learn how to create an API Now
- Join their community for news & promotions ๐ Join Now
- Fill out the ๐Application Form
- After receiving your application, they will adjust your trading fee within 10 business days after verifying your API user identity.
1. After the first period of the free trial, API usersโ trading fees will be adjusted, users will:
- enjoy the same VIP3 fee rate for an additional 30 days if your past 30 days accumulated trading volume > 5,000,000 USDT
- enjoy the adjusted VIP2 fee rate for an additional 30 days if 500,000 USDT <= your past 30 days accumulated trading volume <= 5,000,000 USDT
- enjoy the adjusted VIP1 fee rate for an additional 30 days if 100,000 USDT <= your past 30 days accumulated trading volume <= 500,000 USDT
2. Cumulative trading volume definition: Participant's cumulative trading volume (buy and sell) via API trading only during the event period. No self-trading. BTC value will be calculated based on the daily end-day closing price. The 30-day accumulated volume will be calculated on the 8th/18th/28th of each month to determine the next-month trading fee.
3. Your API VIP benefits will be deactivated if your 30-day accumulated trading volume is less than 100,000 USDT.
4. Once enrolled in the free trial, users are NOT able to get the 25%-off discount in fees by paying with BMX.
5. Any BitMart accounts detected to be โfakeโ or created by a robot will NOT be able to enjoy any trading fee discounts or receive any rewards.
6. If your trading behavior deviates far from the behavior of ordinary users, your API trading authority will be banned for 1-7 days. Some examples are:
- Repeatedly "one-up" or "front-run" the best Bid/Ask on the Order Book.
- Spam order creation and cancellation very quickly without executing trades.
- Low (num of Trades/num of total orders) rate, which means the canceled orders without execution rate is far bigger than a normal user.
7. API VIP users have limited eligibility for particular promotions, such as but not limited to net buying/buy+sell competitions. For questions please confirm with their API VIP specialist in BitMart API Club on Telegram.
8. BitMart reserves all rights for the final explanation.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
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