How To Use Pi42 Updated Referral Code "QKJ013" Get 20% Off On Trading Fees For Lifetime
If you are looking for a cost-effective crypto derivatives trading platform built specifically for Indian traders, Pi42 offers a compelling opportunity. By using the updated 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 lifetime benefit.
What is Pi42?
Pi42 is India's first INR-margined crypto derivatives exchange, allowing users to trade perpetual futures on cryptocurrencies like Bitcoin, Ethereum, and Solana directly in Indian Rupees . The platform is particularly attractive for Indian traders due to its tax-efficient structure—there is no 1% TDS on derivatives trading and no 30% VDA flat tax . Key features include:
Benefits of Using Referral Code "QKJ013"
By applying the referral code QKJ013 during registration, you unlock significantly better benefits than standard referral codes :
| Benefit | Standard Code | QKJ013 |
|---|---|---|
| Trading Fee Discount | 10% | 20% |
| Discount Duration | 6 months | Lifetime |
| 0-Fee Month Raffle Entry | ❌ | ✅ |
| Referral Commission (if you later invite friends) | 20% | 25% |
In short, 20% off forever is significantly better than 10% off for 180 days .
How the 20% Trading Fee Discount Works
Every time you place a trade on Pi42, a trading fee is charged. With the referral code "QKJ013," you automatically receive a 20% reduction on applicable trading 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 The rebate is credited daily in INR to your Pi42 cash wallet and can be withdrawn at any time with no lock-in .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 effectively pay only ₹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 claim your lifetime 20% discount:
Step 1: Visit the Pi42 Signup Page
Go to the official Pi42 website at pi42.com. You can use the referral link directly—the landing page banner should show "Unlock 20% lifetime rebate" . You can also download the Pi42 app from the Google Play Store (Android) or Apple App Store (iOS).
Step 2: Enter Your Mobile Number
Click on "Sign Up" and enter your mobile number. Pro tip: use the same number linked to your PAN card—mismatch delays KYC . Verify using the OTP sent via SMS.
Step 3: Enter the Referral Code
During the registration process, locate the field labeled "Referral Code" or "Invite Code." Carefully type or paste QKJ013 into this box . 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. The code cannot be added after account creation .
Step 4: Complete KYC Verification
To activate your account and become eligible for the discount, you must complete the mandatory KYC process. Upload the following documents :
The approval time median is approximately 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 also triggers 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 .
Can You Apply the Code After Registration?
Yes—once. Before 31 December 2025, go to "Profile → Referral → Change Code." Enter QKJ013, and you will get the 20% rebate from your next trade onward. However, retroactive fee credit is not given for past trades .
Additional Earning Opportunities After Signup
After you sign up using code "QKJ013," you can generate your own referral code and share it with friends. For every friend who signs up using your code and trades on the platform, you earn a 25% commission on their trading fees for life (boosted from the standard 20%), while they receive a 10% trading fee discount
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