Right off the bat, the BingX referral code is OB0HWHUE. With this referral code you will receive a lifetime 5% discount on all trading fees and you can claim a bonus up to $5125.
If you are a long-term crypto trader, you’ve probably heard about BingX in several different circles. That’s because BingX happens to be the next big thing in the crypto world. With this referral code OB0HWHUE, you can now enjoy this platform’s perks at a significant discount. You will also stand a chance of winning cash prizes on this platform simply by using this code.
With that in mind, let’s look at the advantages you will get when using the BingX referral code.
Benefits of BingX Referral Code
As a new trader, there are several advantages that you will get to enjoy when using this referral code, OB0HWHUE. When you use our referral code, you will get unlimited discounts on exclusive bonuses and an additional 5% discount on trading fees. Yes, you heard that right! Each account created with this code gets the following.
|Our referral code||OB0HWHUE|
|Spot trading discount||5% (lifetime)|
|Futures trading discount||5% (lifetime)|
|Other bonuses||Up to $5125 sign-up bonuses and VIP fee discounts|
|Total discount||5% on trading fees|
BingX offers a lucrative deal to anyone who wishes to trade on the platform with our discount referral code. Unfortunately, we were only able to secure a spot for the first few registrations. So hurry up while the code is still available. With this platform, you can easily take your trading journey to the next level. And the code we offer ensures you can get the most out of this platform.
So the BingX referral code of 2023 is: OB0HWHUE. With this code you will receive a 5% trading fee discount.
Explanation of 5% discount on BingX
Like any other trading platform, BingX charges a slight fee for every transaction carried on its platform. That’s not new; it’s just the way most crypto exchanges are able to make a few extra coins on the side to sustain their business.
Unfortunately, these fees can be a little too much if you are a professional trader or just started out on trading. The trading fees will easily take a chunk of your income with a small account. On the other hand, if you are a heavy crypto trader, the trading fees might add up to a substantial amount.
That’s why taking advantage of the 5% off discount referral code will help you in your crypto trading journey. Once you’ve entered our referral code, OB0HWHUE, your account immediately gets access to a lifetime 5% trading fee discount that will continue for as long as you use your trading account on this platform.
This discount is realized by commission sharing. As a partner we can get a commission for users who are using the referral code. We can decide to keep the commission ourselves or to share it with the readers. We chose to share it. So after each trade you will receive 5% back into your account, in the crypto you paid.
How to create an account on BingX using our referral code
If you do not already have an account on BingX, you can use these simple steps to get started:
- Sign up with our BingX referral code
- Or simply go to the BingX platform and click on the signup button
- Enter our Referral Code: OB0HWHUE
- And that’s it!
Opening an account on this platform is relatively straightforward. The tech team behind this innovative platform made it easy so that novice traders do not have a hard time accessing real-time trading data. And once you’ve entered our code, you get to enjoy all the perks that come with it.
Overview referral codes of BingX in 2023
We found a lot of different and working referral codes of BingX. Check out the table below.
What is BingX?
BingX is one of the early crypto exchange platforms offering crypto derivatives to a wide range of users worldwide. The company was established in 2018 in Singapore and has grown to its current heights in just a short time.
The basic function of BingX is to offer users a safe and secure space where they can buy or sell their cryptos. On top of that, BingX offers fiat deposits, spot exchanges, and other digital trading functions that beginner and advanced traders can leverage.
Why use BingX?
The most straightforward answer is that BingX is one of the few platforms that has successfully withstood the test of time with excellent customer feedback. The Republic of Estonia regulates the platform; hence, customers can rest easily knowing their cryptos are safe.
And that’s not all! BingX also offers a range of cryptos that you can buy and trade. You can easily make passive income using this platform’s features. Moreover, they have one of the lowest trading fees in the market (an average daily spread of 0.004%). And since you’ve created an account using our referral code, the fee goes even 5% lower.
It’s easy to use, and a mobile-friendly app makes it convenient to trade on the go without any stress or worry. Above all, the company has responsive customer support ready almost 24/7 to answer any queries you might have regarding their services. It doesn’t get any better than BingX!
Pros of BingX
There are many advantages of trading on the BingX crypto exchange. These benefits include:
- Diverse Tradable Assets: BingX offers a wide selection of cryptocurrencies, including popular options like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT), DogeCoin (DOGE), Binance Coin (BNB), among many other highly sought-after altcoins.
- Multiple Trading Opportunities: Traders have the opportunity to engage in the spot market on BingX while also capitalizing on conversion opportunities. The platform also offers grid trading, which allows traders to automate their strategies and generate passive income.
- Advanced Charting Tools: BingX comes with advanced charting tools that allow traders to analyze the market and make informed trading decisions. You can access real-time price charts, drawing tools, and technical indicators.
- Competitive Fee Structure: BingX boasts one of the most competitive fee structures in the market, with an average daily spread as low as 0.04%. That means this platform offers its users one of the few cost-effective trading experiences in the crypto market. And that’s excluding the 5% fee discount with the code
- Intuitive Mobile App: BingX has a user-friendly mobile application that has been built upon the renowned Trading View platform. That simplifies trading on the platform, making it more efficient for both experienced and novice traders to execute their trades.
- Copy Trading: BingX extends passive income avenues through its innovative social trading platform. It allows users to benefit from the expertise of others in the community with Copy Trading. Traders can copy the trades of more experienced traders without spending hours analyzing charts.
- Responsive Customer Support: BingX has a dedicated customer support team that operates round the clock. Therefore, you can count on them to address your concerns in the shortest time possible.
- Regulatory Compliance: BingX is officially registered and complies with regulatory standards in key jurisdictions, including the United States, Canada, Australia, and the European Union (specifically Estonia).
Although trading on BingX has several advantages, the platform has a few limitations. That includes:
- No Leverage for Spot Trading: The platform doesn’t offer any leverage for spot trading. Traders have to rely on their own funds as leverage.
- No Direct Call Centre: Users can only reach the BingX support team via email or the live chat feature. They have no telephone support call centre, which can be significantly limiting for users who want instant responses.
- High Withdrawal Fees: While BingX claims to have the lowest trading fees, it’s worth noting that certain withdrawal fees on the platform can be relatively high. For instance, you get to pay 20 USDT for USDT-ERC20 withdrawals.
Additional Info: BingX Referral Code
BingX also offers an affiliate program to legal entities that provide brokerage services in the crypto market. The main benefit of participating in this program is the discounted trading fees.
For instance, once you join the BingX affiliate program, you get up to a 20% rebate on your trading fees. The standard fees are 0.045% for standard contracts, 0.02% for makers in perpetual contracts and 0.03 for takers.
In addition to that, those who are part of the affiliate program get a 5125 USDT welcome bonus right after registration. But that’s not all; the partners get full support of the platform, a personal manager and other exclusive backend benefits.
The BingX referral code is OB0HWHUE. Use this code when signing up to get up to a 5% discount on trading fees. This is an exclusive offer that was organized for us by the BingX affiliate manager. You will also get an additional 5125 USDT in welcome gifts.
Anyone who uses our BingX referral code gets up to a 5% discount on their trading fees plus an additional 5125 USDT in welcome gifts. To activate this code, copy and paste our referral link when signing up or enter the code in the ‘Referral Code’ section on the signup menu.
BingX is a legit crypto exchange that holds licenses from different regulatory bodies, including FinCEN in the United States, FINTRAC in Canada, Majandustegevuse Register in the European Union, and AUSTRAC in Australia. Also, their local offices are strategically situated in North America, Canada, the European Union, Hong Kong, and Taiwan, ensuring a global presence.
KYC is not mandatory when creating an account on BingX. However, it’s essential to understand that KYC plays a vital role in the platform’s security measures. When you voluntarily submit your identification documents, you actively contribute to BingX’s efforts in safeguarding the platform and its users against money laundering, fraud, and other unlawful activities.