BingX: 2024 referral code for exchange without KYC
BingX is a rapidly growing cryptocurrency exchange that has Chelsea Football Club as a partner. New customers can receive bonuses of up to $5125 from BingX, and by using our referral codes, you can receive payback commissions ranging from 20% to 25%.
Your code to receive 20% cashback commissions in the perpetual futures section is as follows if you plan to trade perpetual futures more frequently:
Your code to receive 25% cashback commissions in the spot and standard sector if you trade both spot and standard futures more frequently is:
If you joined using the right referral code in the perpetual futures area, the page should look like this:
If you join using the second code UMMPBXN8 (25% cashback in the spot and standard futures section), the page will look like this:
Which BingX referral code (optional) should I use?
Since the second code, UMMPBXN8, is valid in two sections simultaneously and has an unrestricted validity period at this time, we believe it is preferable.
You won't be able to continue earning cashback commissions after six months, as the first code UMMPBXJLV is only valid for 180 days. The only catch is that you can use the existing promo code to start a new account every six months if you're still more interested in the perpetual futures area. You just need to register a new email address as the account can be opened without identification verification.
How can I receive bonuses and cashbacks on BingX?
There is nothing extra you need to do to receive cashbacks; when you complete transactions, a lower commission is applied automatically.
You should complete missions and tasks from the "New User Rewards" area in order to receive bonuses:
Keep in mind that the screenshot above is for example only. Most likely, you will have other tasks to perform, as the exchange changes promo-activities quite regularly. In any case, the principle will remain the same: go to "New User Rewards" - perform tasks - get rewards.
Rewards can go directly to your account or to the "My Vouchers" section:
Vouchers are best used immediately as they have a limited validity period.
What is the commission on BingX and can it be reduced?
There is a thorough explanation of each kind of commission on the BingX cryptocurrency exchange. They are located under the "Trading Fees" menu on the site's lower panel. Commissions are covered in detail in the sections on trading on the spot, futures, and asset deposits and withdrawals.
On BingX, there are seven VIP tiers, the promotions for which are based on the combined volume of deposits and trades made over the previous thirty days. To be promoted to that VIP level, a trader or investor must satisfy at least one of the two requirements.
The VIP level structure in the spot area for 2024 looks like this:
The same principle applies in the spot section: the more we trade and the larger the deposit, the higher we climb up the VIP ladder.
BingX affiliate program in 2024
BingX crypto exchange has one of the best affiliate programs among reliable exchanges from the top 20 rankings of Coinmarketcap.
Crypto exchange affiliates receive from 30% to 60% of user commissions. The promotion system is similar to the commission structure: the more often your referrals trade, the higher your percentage of earnings.
What documents are needed to open an account on Bingx, and how can I do that?
You can open an account remotely by clicking this link, entering your login and password, and then clicking the "Registration" button in the upper right corner. You will then receive an email, which requires you to verify your email address. Everything is prepared! You are not even required to go through KYC in order to trade.
Why is BingX offering bonuses this large?
Because of all the different perks, BingX actually does not operate at a loss. Bonuses are awarded by the exchange for completing actions that result in bonus payments. For instance, the exchange is willing to give you a portion of its revenue in exchange for referring a friend because it has stats indicating that the average user contributes $100 annually. As an additional illustration, the exchange is prepared to offer bonuses for active trading, but it will also receive commissions that are either the same or marginally higher. Long-term and open to sharing, the trade is beneficial to users.
Is there a P2P trading on BingX?
As of this writing (February 2024), BingX supports dollars, euros, and other fiat currencies in its active P2P segment. For relatively small amounts ($10) to significant quantities ($50 000-100 0000), a counterparty can be found.
How many coins and trading pairs are there on BingX?
As of February 6, 2024, there are 675 coins and 828 trading pairs traded on the exchange (some coins are traded in multiple trading pairs at once, such as ETH/BTC and ETH/USDT).
Which BingX referral code should I choose?
The affiliate code UMMPBXN8 is suitable for active traders in the spot section and when trading standard futures. If you will trade more actively in the perpetual futures section, use the code: UMMPBXJLV. With both codes, you can get a maximum bonus of up to $5125 when actively trading and completing missions.
2 unique features of BingX that distinguish the crypto exchange from the alternatives
- Trading on BingX without KYC
- Without KYC, trading on the BingX cryptocurrency exchange is feasible, and everything will function as it should. Many exchanges allow you to deposit money but demand KYC for withdrawals, so they are "lured" in by the lack of it. With BingX, you may withdraw up to $50,000 every day without having to provide identity verification. This means that if you have, say, $150,000 in your account, you can get your money out in just three days.
- Furthermore, it's critical to remember that BingX is not some esoteric exchange with limitless resources. Chelsea Football Club is the exchange's official partner, and it is ranked among the top 20 on Coinmarketcap and Coingecko.
- On BingX, you can trade tokenized equities, metals, indexes, and FOREX currencies
- One of the few trustworthy exchanges that lets you trade traditional financial instruments inside a cryptocurrency shell is BingX. This is a fantastic chance to purchase international equities, currencies, precious metals (gold, silver, and other metals), global indices, and precious metals (all this is without KYC).
Let's look at the most popular assets by category:
World indices: S&P 500, FTSE 100, Nikkei 225 and 10 more indices.
Foreign stocks: Tesla, Apple, Nvidia, Airbnb and more than 20 other assets.
Commodities: gold, silver, oil, gas, aluminum, soybeans and more than 10 other assets.
Forex: EUR/USD, CAD/JPY, USD/CHF and more than 10 more currency pairs.
Also, the exchange has automatic copy-trading, which allows you to connect to the trading and investment strategies of the best traders and earn cryptocurrency and tokens on the machine.