- Prime is open to professional as well as retail traders
- Members will get rebates of 0.01% of the transaction amount for derivatives trading
Leading crypto exchange Huobi Global has launched its new Prime membership program to reduce users’ trading costs and improve their chances to earn income, Bankless Times learned from a press release.
Prime is open to professional as well as retail traders unlike many other analogical membership programs.
Enhanced benefits for members of Huobi Global
Prime will provide new and improved benefits for members of the platform worldwide and spur enthusiasm for crypto trading at the same time. Users who meet any of the following criteria qualify:
Hold 2,000 USDT or more of assets on Huobi Global
30-day trading volume from derivatives trading on the exchange reaches 100,000 USDT
30-day trading volume from spot trading on the exchange reaches 10,000 USDT
Members of Prime will get rebates of up to 0.01% of the total transaction amount for derivatives trading and qualify for discounted transaction fees that could go down to 0.0126% for spot trading. Members of the level Prime1 or higher will get extra benefits.
Exclusive services and perks
Members above Prime9 will have access to investment consultants, increased daily withdrawal limits, asset reports, digital asset management services, industry research to make better investment and trading decisions, and other exclusive benefits and services.
Customized services will be available to members of tiers Prime6 and above.
Access to wealth-generating activities
Members of Prime will have priority access to double rewards when taking part in PrimeList, CandyDrop, and other campaigns, increased ticket allocation chances, and other wealth-generating activities hosted by the exchange.
Huobi Global hopes these extras will stimulate community growth and participation in the dynamically developing ecosystem. The platform’s cofounder, Du Jun, commented:
Previous membership systems only offered perks in the form of discounted transaction fees, which made it challenging for many retail investors to enjoy, due to high qualification criteria. Our newly launched Prime membership system aims to alleviate such issues while empowering users with enhanced benefits. We believe such a move will promote greater long-term development in the cryptocurrency space.
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