|👉 FTX Exchange||Sign Up!|
|💰 Bonus||5% OFF Fees|
|➡️ Referral Code||CRYPTOBONUS|
FTX offers an increasingly popular cryptocurrency derivatives exchange that lets you trade a wide range of cryptocurrency contracts with leverage. Today, I’m going to be showing you how you can save 5% on FTX trading fees instantly using an FTX referral code.
Register on FTX.com with referral code CRYPTOBONUS and get a FREE 5% discount on trading fees for all of your trades.
What is FTX?
FTX is a cryptocurrency derivatives exchange that offers a wide range of products on a slick, easy-to-use exchange trading platform. It is partnered with several reputable firms within the industry.
What is the FTX Referral Code?
The FTX referral code is: CRYPTOBONUS. You can use the code when registering on the FTX crypto exchange and claim a 5% welcome bonus discount on trading fees.
Why should I use an FTX Referral Code?
You should use an FTX referral code because it gives you a 5% discount on all of your trading fees on the FTX exchange up to $30MM volume, that’s a lot of discounted trading!
How to use the FTX Referral Code?
You can use the button above to sign up to the FTX cryptocurrency exchange.
After clicking the button, you will be taken to the FTX homepage, now click ‘register’ at the top right (or login on mobile then change to register when prompted).
You will then see the following page confirming your discount has been automatically applied via the referral code.
It’s worth noting that if you are going to use FTX from their site, you can’t just just type in the text CRYPTOBONUS in the referral code box. You will need to be a new user to be eligible for the sign up bonus and use our official FTX referral link.
Step-By-Step Guide to Get the Trading Fee Discount
For those of you who prefer a walkthrough of how to get 5 percent fee discount bonus to make the most of what FTX offers using our referral code, read on:
- Go to FTX.com using this referral link
- Click register on the top right of the screen
- The 5 per cent off fees is automatically applied
- Agree to the Terms of Service by clicking the check box
Remember, if you don’t use our FTX referral codes link to take advantage of the referral fees FTX offer the 5% trading fee discount on, it won’t be automatically applied.
All FTX Referral Codes (2021)
The FTX Referral Program
As you’ll be aware, the FTX crypto derivatives exchange runs a referral program in a similar style as many other cryptocurrency exchange platforms online. This has benefits for both referrers and referees in the referral code process.
Below we will look in depth at the program and see exactly how it works, and how you can benefit from taking part.
How the FTX Referral Program Works
The basic principle of the program is that anyone that you refer will receive between 25% to 40% of the fees allocated to them in the form of a referral commission.
While that’s great, there is also something in it for them, too; They get 5 percent of fees back for the lifetime of their account. That is assuming they remember to use the FTX referral code CRYPTOBONUS when a new user signs up.
Referrer Code Benefits
The bottom level (or minimum percentage) that can be earned is 25% of the fees of the person that you refer. This referral commission can scale incrementally, though.
You can get up to a whopping 40% as the maximum amount for the top tier. It all depends on the amount of FTT that is staked. FTT being the token from FTX. More on that below.
So, why should someone use your referral code link to use on FTX. There has to be something in it for them, right?
Well, this starts with a decent 5% off fees which is certainly not to be sneezed at. Furthermore, when FTT is staked, the added benefits of maker fees (up to 100% savings) and taker fees (60% savings).
Discounts based on volume are also a further potential benefit.
As you can see, one of the keys to getting the most from the FTX referral program for both referrer and invitee is by staking FTT tokens. That’s irrespective of how may FTT tokens are actually owned.
How FTT Rebates Work
As mentioned previously, the amount of FTT that you stake is what helps increase commission and trading fee discounts of the FTX exchange.
What is FTT?
FTT is the native token issued by the FTX cryptocurrency derivative exchange.
FTT leveraged tokens give traders the ability to put leveraged positions without requiring them to trade on margin. These include BTC, XRP, BNB, LEO, USDT, ETH amongst others.
Fee Rebate System
In normal circumstances, the trading fees FTX have are structured like this for Makers and Takers (applies to futures and spot):
When you hold FTT, however, fees can be significantly reduced by discounts.It all depends on your holdings level. The following FTT Fee Rebate table shows the level of discount that can be had just by owning certain amounts of FTT:
|FTT Holding (USD)||Discount on Trading Fees FTX||Discount on FTX OTC||Other Privilege|
|US$1,000,000.00||40.00%||0.0150%||Automatically become Tier 4|
|US$2,500,000.00||50.00%||0.0200%||Automatically become a VIP|
|US$5,000,000.00||60.00%||0.0200%||Automatically become a VIP2|
To get yourself the full 100% fees discount, in addition to the holdings, you need to stake. Staking is different to holding.
If you are a FTT staker, you receive rebates of up to 0.0030 per cent. What’s more, to get zero maker fees you only need 25 FTT. As you can see, by using the FTX referral link, it gives you the chance to pay the minimum possible in fees on the FTX exchange.
Where To Buy FTT
It’s important to know who you are dealing with when you decide on a cryptocurrency derivatives exchange platform. Here we delve into the details.
Some of the organisations behind the name include Optiver, Susquehanna (SIG), Google, Facebook and Jane Street. Basically, some extremely big hitters.
The platform was launched in 2019 by Alameda Research, who themselves were formed in 2017. They manage more than $100,000,000 in digital assets.
FTX Token was created by Gary Wang and Sam Bankman-Fried. The former is the FTX CTO who is a former software engineering intern at both Google and Facebook.
Bankman-Fried is a MIT graduate, having studied Mathematics and Computer Science there. After that, he worked at Jane Street Capital for 3 years as a trader before becoming the CEO of Alameda.
The pair devised the idea to use a FTX referral code as the simplest way to impart additional bonus discounts to its traders. The new user referral link CRYPTOBONUS is easy to track and use from a technical perspective.
Alameda Research is the main backer of FTX. As you can see, it’s a solid background.
So, what are some of the best FTX alternatives and the respective bonuses offered? Here’s a list we’ve put together of our top similar crypto exchanges (including links to bonus offers):
All new users can claim the promos for the exchanges listed above as well as the FTX referral code.
It pays to do your research and use our FTX referral code in order to get a 5 percent discount off your lifetime trading fees with referrals. There are benefits for both the person who refers and the person who uses the referral code (the invitee).
In order to use our code, you will need to click on the actual link which pre-fills the referral code in on the FTX exchange website automatically. If you don’t use the affiliate link, you will not be using our referral link that bestows the benefits to you and us.
Become our FTX referral code partner and you will have secured the discount on fees as well as being able to take part. If you don’t pass on our affiliate link FTX referral code use your own if you wish to share it with your friends and benefit in that way.
Get your FTX rewards today in your account (new users only).