CEX to Demex VIP Program

Enjoy a VIP trading experience on Demex when you migrate from a CEX!

Overview

Starting on 16 February 2024, Demex is thrilled to launch a VIP Program to encourage traders coming from CEXs to Demex.

This program allows Demex traders to enjoy a VIP experience trading on Demex by having priority support and reduced trading fees for perp markets.

VIP Fee Tier Breakdown and Criteria

Fee Tier	30-Day USD Net Deposits	30-Day Volume	Maker Fee	Taker Fee
VIP1	≥ $20,000	≥ $3m	0.04%	0.11%
VIP2	≥ $100,000	≥ $10m	0.02%	0.10%
VIP3	≥ $250,000	≥ $20m	-0.01%	0.05%

The VIP Fee Tiers are achieved based on your total USD net deposits and total trading volume.

Once these conditions are met, simply fill up this form here: https://forms.gle/8mjASbRqBLDJYm7Q7

The Demex team will review your account and upgrade it to the appropriate fee tier based on your activity within 7 days.

Example:

Traders coming to Demex from CEX can be eligible as soon as the first day in the following scenario:

A new Demex trader who withdraws $10K from a CEX and trades $100K in volume on Demex meets both criteria and qualifies for VIP1.

Once your account is promoted, you can find your new fee tier on your profile page here: https://app.dem.exchange/account/profile

Terms & Conditions

Promotion

Entry into these fee tiers is manual and reviewed each week or on a per-request basis.

Downgrades

After your account has been promoted, it will be reviewed once a month, and if your account no longer meets the criteria, it will be downgraded. If your account was just shy of being eligible, you may reach out to us, and we'll look into promoting it as part of the VIP experience.

Calculations

The calculation for USD Net Deposits takes the total deposits, subtracting the total withdrawals in the past 30 days. The calculation for the total volume is the sum of the user's daily spot and perp volume in the past 30 days.

Participation

Open to all Demex traders, but preference will be given to new traders transferring from CEXs to Demex.

Exclusions and Fair Play: Certain trading activities may be excluded from the calculations. Practices like wash trades, self-dealing, or market manipulation can lead to disqualification.

Program Period

The program has no end date and will continue indefinitely until an end date has been set.

Amendments and Termination Rights

Demex reserves the right to modify or end the program, with adequate notice to participants via Demex's social media channels.

Multiple Fee Tier Programs

Should a trader qualify for a more favorable fee tier under another fee tier program, the most favorable fee tier will be applied to the trader.