Trading cryptocurrency can be highly profitable, but high trading fees can quickly reduce your profits. Bitmex, a leading cryptocurrency derivatives exchange, offers traders a 20% discount on trading fees when using the referral code DISCOUNT.

This guide will explain how to use Bitmex referral code "DISCOUNT", its benefits, step-by-step instructions, tips to maximize your savings, and FAQs for a seamless trading experience.

What is Bitmex?

Bitmex is a professional cryptocurrency derivatives exchange known for margin trading and futures contracts. It allows traders to leverage their positions, providing opportunities for significant gains. Bitmex focuses on low fees, advanced trading features, and a secure trading environment.

Key Features of Bitmex

Derivatives Trading: Trade Bitcoin and other cryptocurrencies using futures and perpetual contracts.

High Leverage: Trade with leverage of up to 100x for advanced strategies.

Advanced Trading Tools: Customizable charts, order types, and API integrations.

Security: Two-factor authentication (2FA), withdrawal whitelist, and cold storage.

Referral Program: Save on trading fees using referral codes.

Bitmex combines powerful trading tools with referral incentives to make trading more cost-effective.

Benefits of Using Bitmex Referral Code "DISCOUNT"

Applying the referral code DISCOUNT offers multiple advantages:

20% Off Trading Fees

Instantly reduce the fees on your trades, maximizing your profits.

Easy to Apply

Enter the code during registration or in your account settings to activate the discount.

Enhanced Trading Efficiency

Lower fees allow for more frequent trading and better management of leveraged positions.

Referral Rewards

Invite friends using your code to earn additional incentives while helping them save.

Step-by-Step Guide: How To Use Bitmex Referral Code "DISCOUNT"

Follow these steps to ensure your trading fee discount is applied correctly:

Step 1: Sign Up on Bitmex

Visit the official Bitmex website.

Click on Register.

Enter your email address and create a strong password.

Complete verification via email.

Step 2: Apply the Referral Code

Locate the “Referral Code” field during registration.

Enter DISCOUNT exactly (codes are case-sensitive).

Click Apply to activate the 20% discount on trading fees.

Step 3: Verify the Discount

Go to Account Settings > Fee Schedule.

Confirm that your trading fees now reflect the 20% discount.

Step 4: Deposit Funds and Start Trading

Deposit funds via Bitcoin or supported cryptocurrencies.

Start trading with reduced fees to maximize your potential profits.

Understanding Bitmex Trading Fees and Discounts

Bitmex charges fees based on trade type, leverage, and volume. Using the referral code DISCOUNT reduces these fees:

Trade Type Standard Fee Fee With "DISCOUNT" Notes
Perpetual Contracts 0.075% maker / 0.075% taker 0.06% maker / 0.06% taker 20% discount applied
Futures Contracts 0.075% 0.06% Discount per trade
Withdrawal Fees Varies No discount Discount applies only to trading fees

Note: The 20% discount applies only to trading fees, not withdrawals.

Tips to Maximize Your Savings

Trade Higher Volumes

Larger trades save more in absolute terms from the 20% discount.

Use Leverage Wisely

Combining reduced fees with smart leverage can optimize your trading strategy.

Check Fee Reductions Regularly

Ensure the discount is applied before placing trades.

Invite Friends

Share your referral code to earn additional rewards while helping others save.

Common Mistakes to Avoid

Skipping the Referral Code: Ensure DISCOUNT is entered correctly.

Incorrect Capitalization: Referral codes are case-sensitive.

Expecting Discount on Withdrawals: The rebate only applies to trading fees.

Using an Expired Code: Confirm the code is active before applying.

FAQs About Bitmex Referral Code "DISCOUNT"

Q1: Can I use this code if I already have a Bitmex account?
A1: Referral codes are generally for new users. Some promotions may allow application post-registration—check Bitmex terms.

Q2: Is there a maximum limit on the discount?
A2: The 20% discount applies per trade, without a maximum unless specified in the promotion.

Q3: Does the discount apply to all trading pairs?
A3: Yes, it applies to all supported derivatives trading pairs on Bitmex.

Q4: Can I combine this code with other promotions?
A4: Referral codes are typically not combinable with other fee discounts.

Q5: How do I confirm the discount is active?
A5: Check Account Settings > Fee Schedule or preview fees before executing trades.

Conclusion and Call to Action

Using Bitmex referral code "DISCOUNT" is a smart way to reduce trading fees and increase profitability. With a 20% discount, you can trade more efficiently and grow your crypto portfolio faster.

✅ Take Action Now:

Sign up on Bitmex.

Enter the referral code DISCOUNT during registration.