BitMEX (Bitcoin Mercantile Exchange) is one of the oldest and most respected cryptocurrency derivatives trading platforms in the industry. Since its founding in 2014, the exchange has built a reputation for professional-grade trading tools, deep liquidity, and robust security . For traders in 2026, every fraction of a percent saved on trading fees can significantly impact long-term profitability. The referral code [8MUfvD] is designed to help you secure the standard 10% discount on trading fees when you sign up for a new BitMEX account .
BitMEX is a cryptocurrency exchange that specializes in derivatives trading, including perpetual swaps and futures contracts. Unlike spot exchanges where you buy and sell actual cryptocurrencies, BitMEX allows traders to speculate on price movements using leverage, without needing to hold the underlying asset.
| Feature | Details |
|---|---|
| Founded | 2014 |
| Headquarters | Seychelles |
| Specialization | Derivatives (Perpetual Swaps, Futures) |
| Leverage | Up to 100x on certain products |
| Fee Structure | Maker & Taker (typically 0.05% for both) |
| Reputation | Veteran platform, deep liquidity |
BitMEX is considered a "veteran" exchange in the crypto space, having weathered multiple market cycles and maintained its position as a go-to platform for professional derivatives traders .
Understanding the baseline fee structure helps you appreciate the value of the 10% discount. As of May 2026, BitMEX has updated fees for certain derivatives contracts:
| Contract Type | Maker Fee | Taker Fee |
|---|---|---|
| Standard Perpetual Swaps | 0.05% | 0.05% |
| Equity Perpetual Contracts | 0.05% | 0.05% |
| Promotional Contracts | May vary | May vary |
The current standard base fee across many BitMEX contracts is 5 bps (0.05%) for both makers and takers, with discounts applied based on your fee tier .
The referral code [8MUfvD] provides a 10% discount on all trading fees when you sign up for a new BitMEX account . This discount applies to both maker and taker fees, reducing your effective trading costs.
| Trading Volume | Standard Fee (0.05%) | With 10% Off (0.045%) | Savings |
|---|---|---|---|
| $10,000 | $5.00 | $4.50 | $0.50 |
| $100,000 | $50.00 | $45.00 | $5.00 |
| $1,000,000 | $500.00 | $450.00 | $50.00 |
| $10,000,000 | $5,000.00 | $4,500.00 | $500.00 |
For high-volume traders, the savings scale proportionally. A trader executing $10 million in monthly volume saves $500 per month – or $6,000 annually.
The 10% fee discount is typically available for a limited period after registration, commonly six months from the date of account creation . After this period, standard fee rates apply unless you qualify for higher fee tiers based on trading volume.
Beyond the fee discount, signing up with a referral code may also provide:
If you encounter any issues with code [8MUfvD] , the following codes have been reported as active for BitMEX in 2026:
| Code | Discount/Benefit | Status |
|---|---|---|
| QitBib | 10% fee discount (reported) | Active |
| KICKBACK | 10% fee discount + up to $5,000 bonus | Active |
| PROMOMT | Campaign-specific (up to 50,000 USDT rewards) | Until Jan 31, 2026 |
| BCCNeF | 10% fee discount | Active |
Note: The "PROMOMT" code is part of a specific campaign that requires opting into missions on the BitMEX dashboard. The campaign runs from December 1, 2025, to January 31, 2026, and rewards are based on achieving trading volume thresholds .
Applying the referral code is a straightforward process. Follow these steps to secure your 10% discount:
Step 1: Visit the BitMEX Website
Go to the official BitMEX website (www.bitmex.com) or download the BitMEX mobile app.
Step 2: Click "Register" or "Sign Up"
Start the account creation process by providing your email address and creating a strong password .
Step 3: Enter the Referral Code
Look for the field labeled "Referral Code" or "Invite Code" on the registration form. Enter **[8MUf
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