Any matched limit orders on Ethfinex (either via the UI or the api.ethfinex.com) where you are acting as the maker of the trade (placing bids or asks onto the order book which are afterwards filled) will earn you Nectar tokens in proportion to the total exchange volume of trading you participate in.
You can begin earning Nectar tokens from the moment you sign up to Ethfinex (just using your email), but you will only take physically ownership of earned tokens once the following two steps have been completed:
- Verify your Ethfinex account
- Register for the Nectar loyalty program
Once the above two steps have been completed, you will receive Nectar tokens once every 30 days for your matched limit orders, as well as any Nectar tokens earned prior to account verification.
To verify your account you must be a non-US customer and complete the steps at www.ethfinex.com/verification
To register for Nectar, visit your account settings and look for Loyalty Program; alternatively, go straight to www.ethfinex.com/nectar. Once here, click Register to start the Nectar registration process. Please note this can take up to 30 minutes to complete. Prior to starting the registration process you will be required to read through and accept the Terms & Conditions.
Learn more about Nectar token below:
Please note that the final NEC distribution took place on the 9th of August.
Please stay tuned to the Ethfinex blog for further updates regarding NEC 2.0.