About FTX Affiliate Program
TX Affiliate Program If a new user signs up with your referral code, you will receive 25%-40% of their fees, and they will get 5% of their fees back. FTX is a cryptocurrency derivatives exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. The strive to develop a platform robust enough for professional trading firms and intuitive enough for first-time users.
Basic Information TX
| Affiliate Basic | Details |
|---|---|
| Product Name | TX |
| Commission Type | RevShare |
| Affiliate Category | Affiliate Program |
| Payment Method | Bitcoin, Cryptocurrency |
| Payout | No payout |
| Official Affiliate Website | Click Here To Visit Official Website |
How To Join TX Affiliate Program And Earn Free Passive Income
VIP Program
VIPs at FTX receive a number of benefits, including:
1) Lower fees
2) Account manager
3) Flexible API limits
4) A direct line with a senior developer for API questions
5) The ability to provide input TX Affiliate Program to the products that FTX launches
6) FTX customized VIP swag and acccess to VIP meet-up s
*VIPs do not generate referral fees from their account, though they can still refer other traders and receive fees for that.
Market Makers
The negative numbers here mean that you receive a maker rebate for providing. Market Makers do not generate referral fees from their account, though they can still refer other traders and receive fees for that.
Market Maker Payments
In addition to the above, the will be paying out the following monthly:
- $750k proportional to overall maker volume
- $250k proportional to options maker volume
1. This will be split 50-50 between all options and MOVE volume traded throughout the calendar month. - $1k per market for the largest maker in that market by volume for markets that trade over $30k over the month
Timeline
These fees will go into effect on June 5th. TX Affiliate Program will be turning the old Market Maker program off on July 1st.
FTT
Note that VIPs still receive fee reductions for holding FTT! You can find the FTT schedule here. Note the following:
1) Your taker fee cannot go below 0.015% all things considered
2) If you have a maker rebate (i.e. you are a Market Maker), FTT will not affect that rebate, but will still decrease your taker fees.
Backstop Liquidity Provider Program
Participating in Backstop Liquidity Provider program means that you pledge to take on the positions from accounts near bankruptcy. As part of this program BLPs are required to keep a minimum of $500k of balances on FTX and be willing to absorb a minimum of $0.1m per minute and $0.3m per hour of liquidations. BLPs may be required to meet a market making standard.
What are the futures?
FTX lists futures on many coins including BTC, ETH, EOS, XRP, and USDT. Each coin has three futures: a contract that expire this quarter, a contract that expires next quarter, and a perpetual future.
What Makes them Different from other futures?
The futures listed on FTX differ from other major cryptocurrency futures in the following ways:
- FTX futures are stablecoin settled: you deposit stablecoins as collateral for all of the futures, and your PNL is settled in stablecoins. This means that you get legitimate USD-based price exposure and settlement,TX Affiliate Program without needing a bank account; you can also use the same base currency as collateral for all of the contracts, making it easy to shift your positions around.
- FTX futures have a unique backstop liquidity provider program which jumps in to provide to accounts in danger of bankruptcy, helping to avoid clawbacks.
- FTX futures have careful, measured margin calls to avoid large price dislocations.
