BingX is a leading cryptocurrency exchange that was founded in 2018. The exchange is known for offering a wide range of crypto trading services and stands as one of the most preferred options among the traders. It caters to both beginner and experienced traders and to get started with the exchange, you can use the BingX referral Code 12345 for sign-up bonus.
Using this referral code, you can stand a chance to win up to 5000 USDT in rewards. However, if you are not sure how to use the coupon code or what else it can offer, then here is everything you need to know:
What is a BingX Referral Code?
As a new user, you can use the BingX referral code 12345 to get rewards up to 5000 USDT. It offers rewards for completing several tasks. For instance, you can get up to 30 USDT as the maximum sign-up bonus, a maximum deposit reward of 500 USDT or a maximum trade reward of up to 5,000 USDT.
Apart from these, you can also get a trading fee rebate or trading fee refund of up to 5%. As a result, when you use this coupon code, you can enjoy discounted trading fees, book higher profits, or enjoy reduced losses.
What are other BingX Referral Bonuses?
Apart from the 5000 USDT bonus, BingX also offers you several other offers to earn bonuses. You can access these rewards both as a new user and an advanced user.
The bonuses can be found by going to the Rewards hub. And here are some rewards that BingX offers :
New Users:
- Get up to 30 USDT as the sign-up bonus.
- Get up to 500 USDT as your first deposit bonus (You can deposit any amount via on-chain deposit/P2P trading or quick buy).
- First trade bonus of 500 USDT (You will need to complete a spot or futures trade of any amount, including trade generated in copy trading and grid trading).
Advanced Users
- As an advanced user, you have several offers for spot and futures trading. Such as:
- On KYC identity verification, you can get a mystery box worth up to 500 USDT.
- When you deposit more than 200 USDT, you can get a 2 USDT bonus voucher.
- When you trade in the spot market and reach a cumulative trade volume of more than 300 USDT, you will get a 3 USDT bonus.
- You will get a 10 USDT rebate voucher when you surpass a trading volume of more than 2000 USDT in spot trading.
- If your weekly spot trading volume surpasses 3000 USDT, you can get 5 USDT.
- You will get a 10 USDT bonus voucher when you surpass a trading volume of more than 10,000 USDT in the futures market.
- If your weekly futures trading volume surpasses 15,000 USDT, you can get 10 USDT.
- You can get a 100 USDT bonus voucher when you trade futures and reach a cumulative volume of more than 200,000.
- It offers you up to 2 USDT bonus vouchers when you select a trader for copy trading.
- If you create a grid strategy, you can get up to 2 USDT bonus vouchers.
However, many of these rewards programs have a time limit, so if you want to get these rewards then make sure to check the rewards hub as soon as you sign-up on the platform.
How To Use BingX Referral Code 12345?
Using BingX, you can trade in the spot and futures markets, and for both of these, the exchange offers some exciting bonuses. Also, it comes with copy trading and grid trading backed by several bonuses. To sign up on the platform, you can follow the below steps:
Step 1: First, use this link to Visit the BingX website and click on the Sign Up button.
Step 2: Now, enter your email and password to create your account.
Step 3: Under Referral Code (Optional), make sure to add the following BingX referral code 12345 to get your welcome bonus.
Step 4: Click on Sign Up and follow the onscreen steps to complete the sign-up bonus.
Note: Once you are registered on the exchange, the exciting part begins. Visit the Rewards Hub section to see all the available tasks and claim your well-deserved sign-up bonus.
Benefits of Using a BingX Referral Code 12345
As a trader, you can enjoy several benefits by using the 12345 BingX coupon code. Some of the key benefits are:
First of all, when you use the BingX referral code, you get a trading fee rebate. You can enjoy a proportion of your trading fees incurred in Futures/Spot as a rebate. The maximum trading rebate you can get is 5% and will be settled in the early hours of each day (UTC+8).
The second benefit is that, as soon as you sign up for the exchange, you will get a mystery box worth 30 USDT. However, you will need to use this bonus to open trades, and any profits you make from it can be withdrawn.
Apart from these two, BingX also has a dedicated rewards hub section where you can find different rewards programs. You can complete each task one by one as you embark on your trading journey, and every once in a while, you will get rewarded with some bonuses.
Additionally, BingX being a crypto exchange platform is also pretty solid. It has cheaper trading fees. It charges you 0.1000% as maker and taker fees for spot trading. And for perpetual futures trading, the fee stands at 0.0200% and 0.0500% for maker/taker fees respectively.
You can also participate in copy trading and book profits on autopilot by following other traders. Overall, Phemex has a lot of features and in-depth resources to help you learn about crypto and crypto trading, which will help you become a pro-level trader.
BingX Referral Code Terms and Conditions
BingX doesn’t have too many terms and conditions when it comes to using the referral code. However, you should know that the sign-up bonus is only meant for the new users. If you are already a BingX user, you won’t be able to use the referral code or get any bonuses.
If you want to enjoy sign-up bonuses, make sure to create a new account. However, that might lead to an account ban. You are required to complete your KYC, and you cannot have the same details for two different accounts.
However, as an existing user, you can complete the existing tasks in the BingX rewards hub and stand a chance to win different rewards.
As a new user, you are required to complete your KYC verification to avail most rewards. Also, to stand a chance to get any of the rewards you will need to complete certain tasks. For instance, BingX rewards you when you create your account, make the first trade or deposit funds to your account. Additionally, do look if there is any time limit to complete any of the rewards.
Furthermore, you are not allowed to withdraw your BingX referral bonus. Instead, these are trial funds meant for trading. You can use the funds to execute traders and whatever profits you make out of it are allowed for withdrawal. While any losses, will get covered by your rewards. Also, to start trading you need to deposit funds from your end, you cannot use your sign up bonus fund to execute trades.
Quick Look At The Top BingX Features
- Multiple Trading Options: Using BingX, you can access numerous trading options. As it offers you spot trading, derivatives trading, copy trading and grid trading. So you can enjoy a versatile trading experience.
- High Leverage: BingX offers you high leverage for your perpetual futures trades. For instance, you can use up to 125x leverage for BTC/USDT trades.
- Strong Security: BingX has a strong security record with industry-standard protocols, regulatory compliance, and partnerships with security firms. Also, to help you secure your account, you have features like 2FA, Anti-phishing code etc.
- 24/7 Live Support: If you face any issues, BingX offers 24/7 live chat support for assistance.
Frequently Asked Questions & Answers
Are there any risks involved in using a referral code?
It is generally safe to use a referral code. However, depending on which code you use, you may get different benefits or offers. Instead, make sure to use this BingX referral code 12345 to get up to 5000 USDT in rewards and a 5% trading fee rebate.
How long are BingX Referral Codes typically valid?
BingX referral codes do not have an expiration date. However, the validity may depend on what type of coupon you are trying to use. If you are trying to redeem a specific offer-related code, then the validity might be limited. However, when it comes to the welcome bonus referral code, there is no expiry date.
What are some alternatives to using a referral code?
Although, you can sign-up on BingX without using a referral code. However, you will miss out on several bonuses or other rewards like 5% trading fee rebate, 5000 USDT in rewards and more.
Conclusion
Using the BingX Referral code 12345, you can enjoy several benefits, such as a welcome bonus of up to 5000 USDT, 30 USDT as a new user, and up to 500 USDT on your first deposit and trade. So go ahead and try the referral code out and see how it is working for you.
