Apifiny Launches VIP Program for Frequent Multi-Exchange Traders


May 27, 2022
Connect, HEX

Traders can now unlock lower trading fees across Apifiny’s connected exchanges by providing liquidity on Apifiny® HEX

Apifiny announced today the launch of its VIP Program, which allows users to unlock lower fees across the company’s network of leading exchanges by contributing liquidity to Apifiny HEX, the hybrid crypto exchange. The launch of the VIP program comes ahead of Apifiny going public through a planned merger with Abri SPAC Inc. (Nasdaq: ASPA, ASPAW, ASPAU) in Q3 2022. 

In today’s crypto trading ecosystem, institutional and frequent traders not only require seamless access to the entire crypto market, they also need smart tools and solutions that can ensure full pricing transparency. However, multi-exchange strategies often make it more difficult to aggregate volume on exchanges to achieve higher fee tiers and lower trading fees.  Through the new VIP Program, frequent multi-exchange traders can unlock lower trading fees by providing liquidity to Apifiny HEX, a hybrid crypto exchange. HEX aligns the incentives of traders and liquidity providers (LPs) using automated market making (AMM) and offers one unified order book that captures CEX and AMM crypto liquidity, while offering zero taker fees. Trading pairs include the recently  launched USDT/USD trading pair, providing a USD onramp/offramp for institutional traders.  

“Apifiny prioritizes liquidity aggregation by offering the right tools and pricing for both institutional and retail traders whose trading volume is not high enough to access exchanges’ VIP pricing. We have taken several strides to enhance the trading experience for our users, and this VIP Program is only one of many to come,” said Haohan Xu, CEO of Apifiny. “We are up against the world’s fragmented liquidity, and building a unified, global digital asset trading network for professional and VIP traders.”

Clients trading via Apifiny® Connect will enjoy 20% trading fee discounts off each connected exchange’s published tiered trading fee schedule. By depositing on Apifiny HEX, traders will unlock even lower trading fees  

To date, Apifiny has connected with over 20 of the top 100 global digital asset exchanges by trading volume, including Huobi Global, OKX, Kucoin, OKCoin exchanges, amongst others. Earlier this month, Apifiny launched Smart Order Routing, allowing institutional traders to execute at the best price by automating and optimizing multi-exchange trade execution.

For more details, please see Apifiny’s VIP Program fee table.


Related articles.

8 November 2022

Apifiny Algo Featured at the Cornell Trading Competition

The Competition Deployed Apifiny Algo’s High Performance Library to Develop and Execute Trading Strategies

27 October 2022

Trading Perpetual Futures With Apifiny Connect

Perpetual futures trading is now available on Apifiny Connect. The addition provides Apifiny’s sophisticated institutional traders with hedging and risk management options for their crypto portfolio.

27 October 2022

Apifiny Connect to Support Perpetual Futures Trading with Binance

Apifiny, the multi-exchange crypto trading platform, announced today the launch of perpetual futures trading with Binance, available through Apifiny Connect. The move to broaden Ap…

7 September 2022

Apifiny Integrates Fireblocks

Apifiny announced its integration with the Fireblocks network, a leading digital asset transfer network for institutions. This integration now enables Apifiny users to have access to a simple and secure solution for settlements, by connecting with the Fireblocks Network.

28 July 2022

Apifiny® Releases Apifiny Algo V1.1 with Quant Library

Apifiny Algo V1.1 fully supports futures trading, paper trading through Binance testnet, and has added Coinbase as an additional exchange, along with the launch of its Quant Library that allows investors to implement trading strategies with its ready-to-use components in the library.

7 June 2022

Apifiny® Launches C++ Crypto Trading Library Adding Okcoin as First Official Partner

Apifiny, the global cross-exchange digital asset trading network, today announced the launch of Apifiny Algo, an advanced performance crypto trading library in C++ for High Frequency Trading (HFT) and latency sensitive traders.