An OKX invitation code, often called a referral code, is a special alphanumeric sequence that new users can enter during the account registration process on the OKX cryptocurrency exchange. Using a valid code when you sign up unlocks exclusive benefits, primarily structured around fee discounts and welcome bonuses, which enhance your overall trading experience from the very start.
This system benefits both the referrer (the person sharing the code) and the referee (the new user). For the new user, the advantages are immediate and tangible, helping to reduce the cost of trading—a crucial factor for both novice and experienced traders in the crypto market.
Key Benefits of Using an OKX Invitation Code
The primary incentive for using an invitation code is the significant financial advantage it offers. These benefits are designed to reward users for choosing to join the platform through a partner or affiliate.
1. Permanent 20% Trading Fee Rebate
The most valuable long-term benefit is the 20% fee rebate on trading commissions.
- How It Works: The exchange charges you the full standard trading fee for each transaction. However, if you registered with an invitation code, a 20% rebate of that fee is automatically returned to your funding account. This process happens hourly and is applied to both spot and futures trading.
- Tracking Rebates: You can easily track all your rebate earnings. On the web platform, navigate to 'Assets' > 'Order Center' > 'Funding Account Bill' and filter by 'Activity Rewards'. In the mobile app, go to 'Assets' > 'Funding Account' > 'Bill' and select the 'Activity Rewards' type. Rebates are paid in the same currency you paid the fee in (e.g., USDT).
This rebate effectively lowers your overall transaction costs, which can compound significantly over time, especially for high-frequency traders.
2. Welcome Bonus and Task Rewards
New users are often eligible for a generous welcome bonus upon completing initial account setup tasks.
- Claiming the Bonus: After registering and completing identity verification (KYC), you typically have a limited window (e.g., 14 days) to complete simple tasks, such as making your first deposit. These rewards are usually claimed through the 'Rewards Center' or 'New User Package' section within the OKX mobile app.
- Bonus Structure: The welcome bonus may be distributed as a "mystery box" or blind box, which can contain a variable reward. This could be a cash voucher, trading fee credit, or even cryptocurrency, providing an immediate boost to your starting capital.
How to Apply an Invitation Code During Registration
Applying a code during the sign-up process is a straightforward step that secures your benefits.
The simplest method is to use a dedicated referral link that has the code pre-filled. When you click such a link and begin registration, the invitation code field will usually be populated automatically. Always double-check that the code displayed in the form is correct before finalizing your account creation. The registration itself only requires basic information like your email address and a password.
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Frequently Asked Questions
Can I add or change an invitation code after I've already registered?
It is generally not possible to add or change an invitation code after your account has been fully registered and verified. The benefits are exclusively applied during the initial sign-up process. If you registered without one, you would likely need to create a new account using a valid code to access the perks.
Is the 20% fee discount really permanent?
Yes, the 20% trading fee rebate is a permanent feature for accounts that were created using a valid invitation code. It is not a temporary promotion and will continue for as long as the account is active and the referral program terms remain unchanged.
Do I need to complete KYC to get the invitation code benefits?
While using the code during registration reserves your spot for benefits, you typically must complete Identity Verification (KYC) to fully activate your account and become eligible to receive and withdraw the rewards, including the fee rebates and welcome bonus.
What is the difference between a rebate and a direct discount?
A rebate means you are charged the full fee upfront, and a portion (20%) is returned to your account afterward. A direct discount would mean you are charged the reduced fee immediately. The net financial effect is the same, but the rebate method allows for easy tracking of the savings.
If I have an existing account, can I use a code to get benefits?
Invitation codes are exclusively for new user registrations. Existing accounts cannot retrospectively apply a code to gain the benefits. The program is designed specifically to attract new users to the platform.
Are there any risks to using an invitation code from a third party?
Using a valid invitation code from a reputable source is perfectly safe and does not compromise your account security. The code itself only unlocks benefits and does not grant the code's owner any access to your account or personal data. Always ensure you are on the official OKX website when registering.