FTX, a prominent crypto exchange has recently started giving trading fees rebates to its users.
FTX has a very rewarding referral bonus program for its users. Users signing up with a unique FTX referral code can get upto 100% cashback on the trading fees depending upon the amount of FTT tokens the user is holding.
Also, each user has a unique affiliate link/code, and if it is by friends or family members to open a new account and trade, he/she will receive an upto 100% of their trading fees as a bonus rebate.
However, a user should use the FTX referral code initially to open an account to enjoy the upto 100% cashback on trading fees.
FTX Referral Bonus: How to Sign up with FTX Referral code?
To sign up using the FTX referral code, click on this link to start the registration process.
You will be redirected to the registration page and the referral code will be automatically applied. The steps involved in the sign-up process include:
Step #1 – Visit the official FTX website
Step #2– Enter your email address and password. Bonus Code is INWFTX
Step #3 – Check the box on “I agree to the FTX Terms of Service”
Step #4- Click on “sign up” to complete the registration process
Step #5– If you have used this link for registration, the referral code is automatically applied.
Step #6 – Make your first deposit and start trading.
Step #7– You’ll get an automatic discount on your trading fees as per the below shown FTT holdings.
FTT Holdings Rebate Schedule
|FTX Holding (USD)||Discount on FTX Trading Fees|
FTX Sign Up Bonus Trading Fee Rebate FAQs
- How do I find my FTX Referral Code?
Every user has a unique affiliate code. You can find your affiliate link/code by going to the settings page. The last seven-digit on the affiliate link is your unique referral code.
However, for user convenience, share the affiliate link, as the referral code is automatically applied during sign-up.
- How much is FTX Trading Fee?
FTX has a six-tier trading fee structure based on the 30-day trading volume. The higher the trading volume, the lower will be the trading fees.
The maker fee ranges between 0.020-0.000%, while the taker fee ranges between 0.070%-0.040%.
Traders trading with leverage are required to pay an additional fee depending on the quantum of leverage used. For instance, for using 50X leverage, the trading fees increase by 0.02% and for using leverage greater than 100X, the trading fees increase by 0.03%
- Is FTX exchange legit?
Yes, FTX exchange is a legit exchange and its founders are well regarded and experienced professionals in the cryptocurrency market.
Before founding FTX, its founders Sam Bankman-Fried and Gary Wang founded Alameda Research, a top global cryptocurrency provider. The exchange is also backed by leading names in the cryptocurrency circuit including Binance, Bitfinex, True USD, etc.
How To Make Start Using FTX?
Now, secure your account by enabling Two-Factor Authentication at login, Withdrawal Password, and Withdrawal Destination Whitelisting on the settings page.
To start trading, deposit funds to your exchange wallet. The following are the steps to make your first BTC deposit using fiat.
Go to the “Wallet” section, click on the “Fiat” tab and select the fiat currency you want to deposit. You will receive a series of instructions to successfully carry out the transaction. Once the amount is credited to your wallet, you can use it to purchase BTC and start trading.
Alternatively, you can also deposit BTC directly from another wallet. Select the coin and click on “Deposit”. Now, copy the BTC address or scan the QR code to transfer Bitcoin to the exchange wallet.
Once BTC is credited, you can convert to other desired cryptocurrencies and start trading.
FTX is a popular cryptocurrency derivatives exchange founded in 2018 and launched its platform in Feb 2019.
The exchange is incubated by Alameda Research (a global top cryptocurrency liquidity provider) and is backed by leading crypto VC firms like Binance, Circle, True USD, FBG Capital, etc.
FTX offers to trade in a wide range of markets including spot market, perpetual and quarterly futures contract, BTC options, leveraged token, MOVE contracts. It offers maximum leverage of up to 101X.
The exchange features an institutional-grade platform having a very responsive trading interface, deep liquidity, an advanced charting system, and a state-of-the-art liquidation engine.