OKX is a leading global cryptocurrency exchange, serving millions of users worldwide since 2017. New users can access exclusive benefits by using a referral code during registration. This guide explains how to claim these offers and optimize your trading experience.
Understanding the OKX Welcome Benefits
Registering with a referral code unlocks two primary benefits:
- Trading Fee Discount: Receive a 20% rebate on your trading fees. This discount is applied automatically after registration.
- Crypto Rewards Box: Claim a welcome box containing crypto rewards. The exact amount varies, but it's a great way to start your journey.
These perks are designed to reduce your initial costs and enhance your overall trading efficiency.
Why a Fee Discount Matters
Every trade on an exchange incurs a fee. Over time, these small percentages can add up to a significant amount. A 20% reduction in these fees directly improves your net profitability, giving you a better return on your investments. It’s a simple yet powerful way to keep more of your earnings.
Step-by-Step Guide to Registering with a Referral Code
Claiming your welcome bonus is straightforward. Follow these steps to ensure you don't miss out.
- Initiate Registration: Begin your sign-up process. You will have the option to enter a referral code.
- Enter the Referral Code: Carefully type the code into the designated field. Ensure the system acknowledges it, often by displaying a confirmation message like "You will receive a 20% fee discount."
- Complete Your Registration: Provide your email address and create a strong password to finalize your account creation. The fee discount will be activated automatically.
👉 Get your exclusive welcome bonus here
How to Claim Your Crypto Rewards Box
After registering, your next step is to claim your crypto rewards. This is typically done through the OKX mobile app.
- Download the OKX App: Install the official OKX application from your device's app store.
- Log In: Access your new account using your credentials.
- Navigate to the Rewards Center: Inside the app, find the "Rewards" or "Bonus" section, often located in the main menu.
Complete the Required Tasks: To unlock your reward box, you usually need to:
- Complete your identity verification (KYC).
- Make an initial deposit or purchase of a minimum amount, such as $50 in USDT.
Your crypto reward will be credited to your account after you successfully complete these tasks.
Completing Your Identity Verification (KYC)
To access all of OKX's features, including deposits, withdrawals, and trading, you must complete the Know Your Customer (KYC) process. This is a standard security procedure used by financial institutions worldwide.
The KYC process on OKX is simple and quick:
- Provide basic personal information.
- Upload a photo of a government-issued ID (passport, driver's license, or national ID card).
- Complete a quick facial recognition scan.
Verification is usually completed within minutes, allowing you full access to the platform.
Funding Your OKX Account
To start trading, you need to fund your account. OKX offers multiple convenient deposit methods through its peer-to-peer (P2P) market. You can buy popular cryptocurrencies like USDT using:
- Bank transfers
- Various digital payment methods
The P2P platform facilitates direct trades between users, offering a secure way to obtain crypto with your local currency.
Understanding OKX Trading Fees
OKX uses a maker-taker fee model. Understanding this can help you trade more cost-effectively.
- Maker Fee: A fee paid when you add liquidity to the order book by placing a limit order that isn't immediately filled. This fee is lower.
- Taker Fee: A fee paid when you remove liquidity by placing an order that executes immediately against an existing order (like a market order). This fee is higher.
Using your 20% referral discount on these base fees provides immediate savings. For even lower fees, you can qualify for VIP tiers by maintaining a higher account equity or achieving a larger trading volume.
Frequently Asked Questions
What is an OKX referral code?
A referral code is a unique identifier that allows new users to claim a welcome bonus when they sign up for an exchange. It typically provides benefits like a trading fee discount and a sign-up reward.
Can I enter a referral code after I have already registered?
No, a referral code must be entered during the initial registration process. It cannot be applied to an existing account.
What if I already have an account? Can I create a new one with a code?
Exchange terms of service typically prohibit a single individual from holding multiple accounts. Your identity verification (KYC) is tied to one account, so creating a new one is not a viable option.
How can I check which referral code I used?
This information is part of your account details. For specific information about your referral status, you should contact OKX customer support directly.
The app pre-filled a code I don't know. What should I do?
If your browser or app automatically fills a code, try using a private/incognito browser window to access the registration page. This should allow you to manually enter the correct referral code.
Is there a risk in using a referral code?
Using an official referral code from a trusted source is safe and simply unlocks available bonuses. There is no added risk to your account or funds.
Getting Started After Registration
Once your account is set up and funded, you're ready to explore. OKX offers a wide range of services:
- Spot Trading: Buy and sell hundreds of different cryptocurrencies.
- Copy Trading: Learn from and mimic the strategies of experienced traders.
- Earn Programs: Participate in savings products, staking, and other activities to grow your assets.
Remember, the goal of the welcome bonus is to support your start in the crypto world. Use the fee discount to your advantage as you learn and develop your trading strategy.
Disclaimer: Digital asset investments are inherently risky. This content is for informational purposes only and is not intended as financial advice. Always conduct your own research (DYOR) and understand the risks before investing.