OKX is a leading cryptocurrency exchange that offers a wide range of trading products and services. One of the most attractive features for new users is the opportunity to save on trading fees through the platform's referral program. By using a referral code during signup, you can immediately reduce your trading costs and start your crypto journey on a more economical note.
This guide explains how the OKX referral program works, how to use a promo code effectively, and how you can benefit from sharing your own code with others.
What Is the OKX Referral Program?
The OKX referral program is designed to reward both new and existing users. When you sign up using a valid referral code, you receive a discount on your trading fees. In return, the person who shared the code also earns a reward based on your trading activity.
This system encourages community growth and allows users to share the benefits of trading on OKX with friends, family, and other crypto enthusiasts.
Benefits of Using an OKX Referral Code
Here’s what you can expect when you use a referral code:
- 20% Discount on Trading Fees: New users who sign up with a referral code receive a 20% reduction on their trading fees. This discount applies to various transaction types on the platform.
- Ongoing Rewards for Referrers: Existing users can earn commission rewards based on the trading volume of the users they refer. This creates a passive earning opportunity for active members of the community.
How to Use an OKX Referral Code
Using a referral code is straightforward. Follow these steps to ensure you receive your discount:
- Find a Valid Referral Code: You can obtain a code from a friend, a community forum, or a trusted online source. Ensure the code is current and legitimate.
- Sign Up on OKX: During the registration process, you will be prompted to enter a referral code. Paste the code accurately in the designated field.
- Confirm the Discount: After entering the code, verify that the discount has been applied. You may see a confirmation banner or message indicating the successful activation of the 20% fee discount.
- Start Trading: Once your account is set up, you can begin trading with reduced fees.
If you prefer, you can also use a referral link directly, which automatically applies the code when you create your account.
Earning Rewards by Referring Others
After creating your OKX account, you can generate your own referral code to share with others. Here’s how it works:
- Share your unique code or referral link with potential new users.
- When someone signs up using your code, they receive their 20% trading fee discount.
- You earn a commission based on their trading activity, which is typically a percentage of their transaction fees.
This structure allows you to continuously earn rewards as your referrals trade on the platform.
Referral Code vs. Promo Code: Is There a Difference?
While the terms are often used interchangeably, there is a slight distinction:
- A referral code is specifically tied to the referral program and is used to invite new users. Both the referrer and the new user benefit from this code.
- A promo code is usually created by OKX for marketing campaigns and may offer temporary benefits such as reduced fees or bonus rewards.
In practice, both types of codes can help you save money, but referral codes are more directly linked to the social sharing aspect of the platform.
Where to Find and Share OKX Referral Codes
There are several ways to find and distribute referral codes:
- Community Platforms: Many online communities and forums have sections where users share their referral codes. Always use codes from reputable sources.
- Social Media: Crypto influencers and traders often share their codes on platforms like Twitter, Reddit, and Telegram.
- Dedicated Websites: Some websites aggregate referral codes for various exchanges, making it easy to find a working code.
If you have your own code, you can share it through these channels to help others save while earning rewards for yourself.
Frequently Asked Questions
What exactly do I get from using an OKX referral code?
By using a referral code during signup, you receive a 20% discount on your trading fees. This discount applies to eligible transactions on the platform.
How does the OKX referral program work?
The program rewards both new and existing users. New users get a fee discount, while referrers earn a commission based on the trading activity of people they refer.
Can I earn more by referring multiple friends?
Yes. There is no limit to the number of users you can refer. Each successful referral can earn you ongoing rewards based on their trading volume.
Is it safe to use referral codes from online sources?
While most codes are legitimate, always exercise caution. Use codes from trusted sources or people you know to avoid potential scams.
What should I do if my referral code isn’t working?
Double-check the code for errors during entry. If the problem persists, ensure the code hasn’t expired or reached its usage limit. Contact OKX support if needed.
How can I track my referral earnings?
You can monitor your rewards and referral activity through your OKX account dashboard. The platform provides detailed statistics on your earnings and successful referrals.
Whether you’re new to crypto trading or looking to reduce your costs, using an OKX referral code is a smart way to save on fees. 👉 Explore more strategies to maximize your savings and enhance your trading experience. Remember, sharing your code with others can turn your network into a source of passive income.