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      Announcement On Adjustment To USDT-M Perpetual Futures Fees

      Dear Gate.io Users,In response to the current market environment and based on our commitment to enhancing service quality, we have decided to adjust the fee rates for USDT-M Perpetual Futures to foster a healthier and more sustainable trading ecosystem.

      Effective Date of New Fee:We will update the fee rates at 8:00 UTC on May 20th, with the new rates taking effect between 8:00 and 12:00 UTC on May 20th.

      1.Adjustments to VIP Fee Rates:● A consistent fee rate system will be maintained for all Maker and Taker trading, without market differentiation.● For VIP0 to VIP10: The taker fees remain unchanged, with minor adjustments to the maker fees.● For VIP11 and above: The taker fees will be reduced by up to 28%.

      Details of the New VIP Fee:

      | VIP Level | New Maker Fee | New Taker Fee ||-----------|-------------------|-------------------|| VIP0 | 0.020% | 0.0500% || VIP 1 | 0.020% | 0.0480% || VIP 2 | 0.020% | 0.0460% || VIP 3 | 0.018% | 0.0400% || VIP 4 | 0.018% | 0.0420% || VIP 5 | 0.018% | 0.0400% || VIP 6 | 0.015% | 0.0380% || VIP 7 | 0.015% | 0.0360% || VIP 8 | 0.015% | 0.0340% || VIP 9 | 0.015% | 0.0320% || VIP 10 | 0.010% | 0.0300% || VIP 11 | 0.000% | 0.0260% || VIP 12 | 0.000% | 0.0240% || VIP 13 | 0.000% | 0.0220% || VIP 14 | 0.000% | 0.0180% || VIP 15 | 0.000% | 0.0160% || VIP 16 | 0.000% | 0.0150% |

      2.Adjustments to MM Fee Rates:● These rates apply to all USDT-M Perpetual Futures markets.● The MM tiers have been adjusted to include four levels (MM0 to MM3).● Market makers will be offered the lowest Maker fee of -0.005%.For detailed information on the MM fee adjustments, please consult your major account manager, email mm@gate.io, or send a message on Telegram to @KA_EMEA, @KA_APAC.

      We anticipate that these adjustments will enhance your trading experience and contribute to the continued success of the Gate.io trading ecosystem. We appreciate your understanding and support.

      Gateway to CryptoTrade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io

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      Users who have traded more than $8 million on Gate.io or other exchanges in the past 30 days enter the Global Market Maker Program

      Reach out to us!Twitter:https://twitter.com/gate_ioGateVIP Twitter:https://twitter.com/Gateio_InstTelegram:https://t.me/gate_zhGate Wealth: https://t.me/GateWealthNewsAPI Telegram:https://t.me/gateioapiMedium: https://gateio.medium.com/

      Gate.io TeamMay 9, 2023

      Read the original article at gate-io

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