How to Maximize Trading Fee Discounts with Referral Codes

Referral codes are the most direct way to reduce cryptocurrency trading fees. This article provides detailed instructions on how to properly use referral codes to get maximum fee benefits.

How Referral Codes Work

Referral codes are discount mechanisms provided by exchanges, where users who register through referral codes can get permanent fee discounts.

Key Benefits:

• Permanent fee discounts
• No additional requirements
• Immediate effect
• Can stack with VIP level benefits

Referral Code Policies by Exchange

Binance Referral Code

• Discount Rate: Up to 20%
• Applicable Scope: Spot, futures, options
• Validity: Permanent
• Referral Code: BESTFEES20

OKX Referral Code

• Discount Rate: Up to 20%
• Applicable Scope: Spot, futures, options
• Validity: Permanent
• Referral Code: OKXBESTFEES

Bybit Referral Code

• Discount Rate: Up to 20%
• Applicable Scope: Spot, futures
• Validity: Permanent
• Referral Code: BYBITFEES

Best Practices for Using Referral Codes

1. Use Before Registration: Referral codes must be used during registration
2. Verify Discount: Check if fee discount is active after registration
3. Keep Records: Record the referral code information used
4. Stay Updated: Regularly check for better referral codes

Frequently Asked Questions

Q: Can existing users use referral codes? A: Most exchanges do not support adding referral codes for existing users.

Q: Are there usage limits for referral codes? A: Usually no usage limits, but must be used during registration.

Q: How to verify if referral code is active? A: Check the exchange's fee page to see if current rates have discount applied.

By correctly using referral codes, you can save significant fees throughout your trading career and improve investment returns.