Cryptocurrency trading success depends not just on good strategy, but also on minimizing costs. One of the biggest expenses traders face is trading fees — and with the BitMEX referral code “DISCOUNT”, you can now enjoy a 20% discount on trading fees when you sign up and trade in 2026.

In this in-depth article, we’ll explore everything you need to know about BitMEX, how the referral code “DISCOUNT” works, how to claim the fee discount, plus the platform’s features, benefits, security, trading tools, risks, strategies, and key tips for making the most of your experience.

Whether you’re new to crypto or a professional trader, this comprehensive guide has you covered.

Table of Contents

What Is BitMEX?

Why Trading Fees Matter

BitMEX Referral Code “DISCOUNT” Explained

How to Use the Referral Code

How Much You Save with 20% Fee Discount

Key Features of BitMEX

Supported Markets and Instruments

Trading Tools and Order Types

Leverage on BitMEX

Security and Trust

BitMEX for Beginners

BitMEX for Advanced Traders

Responsible Trading and Risk Management

Tips to Maximize Savings with the Discount

Fee Structure Overview

Frequently Asked Questions (FAQs)

Final Thoughts

1. What Is BitMEX?

BitMEX (short for Bitcoin Mercantile Exchange) is one of the most well-established cryptocurrency derivatives trading platforms in the world. Known for its deep liquidity and advanced trading features, BitMEX enables traders to speculate on crypto price movements using leveraged contracts.

Since its launch, BitMEX has become popular among professional traders who want to access futures, perpetual contracts, and leveraged positions across major cryptocurrencies.

In 2026, BitMEX continues to innovate and offer competitive features, along with referral incentives like the 20% trading fee discount through the code “DISCOUNT”.

2. Why Trading Fees Matter

Trading fees are a recurring cost every time you open or close a position. For active traders or users using high-frequency strategies, these fees can significantly reduce profitability over time.

Reducing trading fees:

Enhances net returns

Improves long-term profitability

Supports frequent or high-volume trading

Increases efficiency for leveraged strategies

By using the BitMEX referral code “DISCOUNT”, you can cut a portion of these costs — giving you an edge in competitive markets.

3. BitMEX Referral Code “DISCOUNT” Explained

The referral code “DISCOUNT” is a promotional code that new BitMEX users can apply during registration or in their account settings to qualify for 20% off on trading fees.

Referral Code:
➡️ DISCOUNT

Applying this code helps eligible traders reduce their trading costs on BitMEX — a compelling benefit for anyone planning to trade futures, perpetual swaps, or other derivatives.

4. How to Use the Referral Code

Using the BitMEX referral code “DISCOUNT” is simple and can be done in a few steps:

Step-by-Step Instructions

Navigate to BitMEX’s sign-up page.

Begin creating your account with your email and password.

Locate the Referral Code or Promo Code field.

Enter DISCOUNT.

Complete registration and verify your account if required.

Start trading with reduced fees.

If you don’t enter the code during registration, you can usually apply it later in your profile settings or referral section.

5. How Much You Save with a 20% Fee Discount

The standard trading fee on BitMEX varies by product and trading volume tier. By using the referral code “DISCOUNT”, you receive a 20% reduction from the applicable trading fees — helping you save more with every trade.

Example

If your standard trading fee is 0.075%, the 20% discount lowers it to 0.06%. While that may seem incremental per trade, cumulative savings over dozens or hundreds of trades can be significant.

6. Key Features of BitMEX

BitMEX offers a professional-grade trading experience with advanced tools and features that cater especially to derivatives traders.

Highlights Include:

High leverage trading (up to 100x on certain markets)

Perpetual and futures contracts

Robust risk-management tools

Advanced charting and indicators

API access for automated trading

These features make BitMEX a preferred destination for derivatives traders across the globe.

7. Supported Markets and Instruments

BitMEX supports a variety of crypto derivatives, including:

Perpetual swaps on Bitcoin (BTC) and other major cryptos

Futures contracts with different expiries

Leveraged products up to 100x on select assets

This variety allows traders to express directional market views, hedge positions, or engage in sophisticated trading strategies.