How To Use Pi42 Referral Code "QKJ013" Get 20% Off On Trading Fees For Lifetime

If you are looking to trade crypto derivatives in India with lower costs, the Pi42 platform offers a valuable opportunity. By using the referral code QKJ013 during signup, new users can unlock a 20% discount on trading fees for life . This article provides a complete step-by-step guide to help you claim this benefit and start trading with reduced fees.

What is Pi42?

Pi42 is India's first INR-margined crypto derivatives exchange, allowing users to trade perpetual futures and options on cryptocurrencies like Bitcoin, Ethereum, and Solana directly in Indian Rupees . The platform is FIU-registered and PMLA compliant, offering professional trading tools with leverage up to 150x . One of its key advantages is the tax-efficient structure—there is no 1% TDS on derivatives trading and no 30% VDA flat tax, which sets it apart from many other platforms .

Why Use Referral Code "QKJ013"?

The referral code QKJ013 offers a significant advantage over standard referral codes. Here is how it compares :

In short, using this code provides a permanent reduction in your trading costs, which can lead to substantial savings over time, especially for frequent traders. The discount applies to every trade you make with no cap and no time limit .

How the 20% Trading Fee Discount Works

Every time you place a trade on Pi42, a trading fee is charged (taker fees typically range from 0.045% to 0.100% depending on your trading volume) . When you use the referral code "QKJ013," you automatically receive a 20% reduction on these applicable fees . The rebate is credited daily in INR to your Pi42 cash wallet and can be withdrawn at any time with no lock-in .

For example, if your trading fee on a particular trade is ₹100, you would only pay ₹80, and the ₹20 rebate would be credited to your wallet. Over dozens or hundreds of trades, the cumulative savings can be substantial.

Step-by-Step Guide to Use Referral Code "QKJ013"

Follow these steps carefully to ensure the lifetime 20% discount is applied to your account :

Step 1: Download the Pi42 App or Visit the Website
You can download the Pi42 app from the Google Play Store (Android) or Apple App Store (iOS), or visit the official website at pi42.com .

Step 2: Begin Registration
Click on "Sign Up" and enter your mobile number. Use the same number linked to your PAN card to avoid delays in KYC verification . Verify the number using the OTP sent via SMS.

Step 3: Enter the Referral Code
During the registration process, you will see a field labeled "Referral Code" or "Invite Code." Carefully type or paste QKJ013 into this box . The landing page banner should show "Unlock 20% lifetime rebate" . If the field appears empty, enter the code in capital letters. This is the most critical step—entering the code correctly ensures your 20% lifetime discount is activated.

Step 4: Complete KYC Verification
To activate your account and become eligible for the discount, you must complete the mandatory Know Your Customer (KYC) process . Upload the following documents :

• PAN card (front side, size under 2 M😎
• A selfie holding your PAN card (ensure even lighting)
• Address proof (Aadhaar card or latest bank statement)

The approval time is typically around 11 minutes .

Step 5: Create a Trading PIN
After KYC approval, create a 6-digit trading PIN. This PIN is required every time you place or cancel an order .

Step 6: Deposit INR
Save the virtual account number provided by Pi42 and add it as a beneficiary in your bank account. Use IMPS for fund transfers, which typically credit within 3 minutes . Your first deposit may also trigger a ₹100 welcome voucher that can be used to offset fees .

Step 7: Verify Your Discount is Active
Navigate to "Rewards" → "Fee Rebate" in the app or website. You should see a 20% badge active on your account. Every trade you place will show "Fee after rebate" in the confirmation box .

Additional Ways to Earn on Pi42

Beyond the trading fee discount, Pi42 offers a robust referral program. After you sign up using code "QKJ013," you can generate your own referral code and share it with friends and family . For every friend who signs up using your code and trades on the platform, you earn a 20% commission on their trading fees for life, while they receive a 10% trading fee discount . The platform periodically runs referral contests like "Apna Tribe Layega" and "Bring a Bro 2.0" where you can win additional cash rewards up to ₹30,000 for bringing active traders to the platform .

Important Terms to Remember

• The referral code QKJ013 is intended for first-time Pi42 users only. If you already hav