GMX is one of the most popular decentralized perpetual and spot trading platforms, known for its low fees, deep liquidity, and user-friendly interface. If you’re planning to trade on GMX, using the GMX Referral Code “SHARE” is the best way to reduce your trading costs instantly. By applying this code, you can enjoy a 20% discount on trading fees, helping you save money on every trade. In this guide, we will explain How To Use GMX Referral Code step-by-step and explore the benefits that come along with it.

Why Use the GMX Referral Code “SHARE”?

GMX is a decentralized exchange (DE😆 built on Arbitrum and Avalanche, and users often look for ways to trade more efficiently. The referral code “SHARE” offers multiple advantages:

20% off trading fees instantly

Applicable to both spot and perpetual trading

Lower costs for high-volume traders

Better long-term profit margins

Access to community rewards and occasional bonus events

Understanding How To Use GMX Referral Code ensures you unlock these benefits from your very first trade.

How To Use GMX Referral Code “SHARE” – Step-by-Step Guide

Unlike centralized exchanges, GMX operates fully on-chain, so the referral activation process is slightly different but very straightforward. Follow these steps to apply the referral code correctly:

Step 1: Visit the Official GMX Website

Open the GMX platform in your browser by visiting the official website.

Step 2: Connect Your Wallet

GMX supports popular wallets such as:

MetaMask

Trust Wallet

WalletConnect-compatible wallets

Coinbase Wallet

Click “Connect Wallet” and approve the connection request.

Step 3: Go to the Referral Section

Once your wallet is connected, navigate to the “Referrals” tab on the platform.
Here, you will find a section labeled “Referral Code.”

Step 4: Enter the Code “SHARE”

In the referral code field, enter:

👉 SHARE

Confirm the code and sign the on-chain message to activate it.
There is no gas fee for this step.

Step 5: Start Trading

Once the referral code is active, every trade you execute on GMX—whether perpetual or spot—will automatically receive a 20% fee discount.

That’s it! You’ve successfully learned How To Use GMX Referral Code and activated your trading discount.

Benefits of Using the GMX Referral Code

Using the referral code ensures a more rewarding trading experience. Here’s what you can expect:

1. Save 20% on Trading Fees

For frequent or high-leverage traders, fee savings can significantly increase long-term profits. GMX already offers low fees, and the referral discount makes it even more cost-effective.

2. Works on Both Arbitrum and Avalanche Networks

Whether you prefer the speed of Arbitrum or the low-cost ecosystem of Avalanche, your referral benefits stay active across both networks.

3. Lower Costs for Perpetual Trading

Perpetual futures trading involves frequent entries and exits. With the referral discount active, you can trade more often at a lower cost.

4. Easy Wallet Integration

GMX requires only a simple wallet signature to activate the code—no complex verification or KYC required.

5. Long-Term Benefits

Once activated, the GMX referral code continues to apply discounts as long as you use the same wallet for trading.

Why Trade on GMX?

GMX is a favorite among decentralized trading platforms due to its:

Deep liquidity pools

Minimal slippage

Real-time pricing

High leverage options

On-chain transparency

No centralized control or custodial risks

These features make it a trusted choice for both beginners and advanced traders.

Final Thoughts

Knowing How To Use GMX Referral Code is essential for maximizing your savings while trading on one of the most reliable decentralized exchanges. By entering the code “SHARE” in the referral settings, you instantly unlock 20% off trading fees, making every trade more profitable.