WYMSQV (Claim 5,000 USDT Bonus)

Looking to get some bonus crypto and discounts on your trades? Then a BingX referral code is your key to unlocking sweet rewards. These referral codes act like coupons, giving you access to welcome bonuses, trading fee rebates, and even the chance to snag thousands of dollars in USDT rewards. 

This guide dives deep into BingX referral codes, explaining how to find them, what benefits they offer, and how to use them to maximize your crypto trading experience.

Key Takeaways:

1. BingX is one of the best crypto copy trading platforms that offers various advanced trading tools like spot and futures trading, staking and earning services, and grid trading bots.
2. Using the BingX referral code “WYMSQV” during sign-up unlocks various rewards, including a signup bonus of up to 5,000 USDT, a 20% discount on trading fees, and a welcome bonus of up to 30 USDT.
3. BingX’s referral program allows users to earn 10% of friends’ trading fees, while affiliates can earn up to a 50% commission.

What is BingX Referral Code?

A BingX referral code is a unique invite code or promo code to incentivize new users to sign up and trade on the platform. When new users use a referral code during sign-up, they receive various benefits, and the person who referred them will also earn rewards in the form of trading fee commissions.

By using our best BingX referral code “WYMSQV” when signing up for the exchange, new users can access several perks. One of the main benefits is a signup bonus of up to 5,000 USDT. Plus, you can enjoy a 20% discount on trading fees, making transactions more cost-effective. Moreover, new users who use the BingX invite code “WYMSQV” are eligible for a welcome bonus, which comes in the form of a mystery box containing up to 30 USDT.

BingX Sign Up Bonus and Rewards

By using the BingX referral code “WYMSQV” during sign-up, beginners can enjoy several benefits:

• Sign-Up Bonus: You can receive up to 5,000 USDT as a sign-up bonus. This bonus is designed to encourage new traders to explore the platform and start trading.
• Trading Fees Discount: You will get a 20% discount on trading fees. This discount helps you save money on your transactions, making trading more affordable.
• Welcome Bonus: New users are eligible for a welcome bonus of up to 30 USDT in the form of a mystery box. This bonus is an added incentive to start using BingX for trading.

You will also receive some extra bonus after completing your exchange registration, depositing funds, and competing first trade:

• Sign-Up Bonus: Receive a 30 USDT Mystery Box when you sign up.
• First Deposit Bonus: Earn a 500 USDT Mystery Box with your first deposit.
• First Trade Bonus: Get up to 800 USDT with your first trade. This will include a 500 USDT mystery box for trading with a 200 USDT worth of crypto airdrop and a 200 USDT subsidy.

Here is how you can claim the BingX sign-up bonus worth up to 5,000 USDT based on your deposits and trading volume:

BingX Referral Bonus Terms & Conditions

• You can deposit using on-chain deposits, P2P trading, or bank deposits.
• Sign up for the event and meet the requirements within 7 days to qualify for rewards. You will receive only the highest reward level you qualify for; rewards are not cumulative.
• Do not make any withdrawals, including P2P selling, internal transfers, or sending rewards. Otherwise, you will lose your eligibility. 
• Rewards are issued within 20 days of registration and must be claimed manually on the New Users Rewards page before they expire.
• You must meet both the deposit and trading volume requirements to receive the reward.
• These may change over time. The tasks and rewards available at the time of your participation are the ones that apply.
• BingX will disqualify users who attempt to cheat. It has the final say in the interpretation of these rules.

How to Use BingX Referral Code WYMSQV?

Step 1: Create a BingX Exchange Account

Start your cryptocurrency trading on BingX by creating an account. Head over to their official website and locate the “Sign Up” button. Clicking this button will initiate the registration process. BingX offers the flexibility to register using either your email address or phone number. Choose your preferred method and enter the corresponding information in the designated field.

Next, create a strong password that incorporates a combination of uppercase and lowercase letters, numbers, and symbols. Now, enter the BingX referral code “WYMSQV” in this referral code field to ensure you receive the associated referral rewards.

Once you’ve filled in all the required information, proceed by clicking the “Sign Up” button positioned at the bottom of the registration form. BingX will then send a verification code to your email address or phone number, depending on your chosen registration method. Be sure to check your email inbox or SMS messages for this code. 

Finally, enter the received verification code in the designated field to complete the sign-up process and unlock your BingX account.

Step 2: Verify Identity for Extra Security

Verifying your identity on BingX is crucial after creating your account. Start with your profile section. This is typically accessed by clicking your avatar or username in the top right corner. Within your profile, find the option labeled “Identity Verification”. Clicking this will initiate the verification process.

BingX will require some personal details, including your full name, date of birth, and residential address. The next step involves uploading a clear picture of a government-issued ID, such as a passport or driver’s license. Ensure the photo is well-lit and captures all details clearly. 

It will also request an additional selfie or a photo of you holding your ID to verify document authenticity. Once you submit the documents, the verification process will begin. This usually takes some time, ranging from a few hours to a couple of days.

Step 3: Deposit Funds

After logging in, navigate to the “Assets” section typically found at the top menu on BingX. Here, you’ll encounter various options to fund account. For depositing cryptocurrency directly, choose “Deposit” and select your desired coin. BingX will present a unique wallet address specific to that cryptocurrency. Copy this address and use it to transfer funds from your external wallet.

If opting for a Peer-to-Peer (P2P) deposit, head to the “P2P Trading” tab within the “Buy Crypto” section. Select your preferred deposit currency and payment method, which could be bank transfer or other available options. Follow the on-screen instructions to finalize the P2P transaction.

For bank transfers, choose the dedicated “Fiat Deposit” option. Select your preferred currency and enter the amount you wish to deposit. Follow the provided instructions to complete the bank transfer. 

Remember, a minimum deposit of 100 USDT is required to qualify for the referral bonus. Once the deposit is complete, the funds should appear in your BingX account within a short time.

Step 4: Start Crypto Futures Trading

Head over to the “Markets” or “Futures” section on the BingX website. This section displays a list of available trading pairs like BTC/USDT, ETH/USDT, etc. Pick one that sparks your interest and click on it to access the trading interface. Here, you’ll find price charts, order books, and past trading activity.

To initiate a trade, enter the desired amount. Keep in mind that a minimum trading volume of 500 USDT is necessary to qualify for the referral bonus. BingX offers leverage up to 125x, allowing you to trade larger positions with a smaller capital commitment. 

Input your preferred leverage level and execute your trade by clicking “Open Long” or “Open Short” according to your prediction. Keep a close eye on your trade and close it when you reach your target profit or stop-loss level.

Step 5: Claim Rewards

After completing the initial deposit of 100 USDT and achieving a trading volume of 500 USDT, you can claim your referral rewards. 

Go to the “Rewards” section on the BingX website. In the rewards section, you should see an option to claim your referral bonus. Click on it and follow the instructions to receive your rewards. The rewards will be credited to your account, and you can use them for further trading (but cannot withdraw).

BingX Referral Program and Affiliate Program

The BingX referral and affiliate programs are designed to reward users for bringing new participants to the platform. The referral program allows you to earn income by inviting friends to join the trading platform. 

When your friends sign up and start trading using your referral link, you receive 10% of their trading fee. This is a simple way to earn extra income by sharing your unique referral link with your network.

The BingX affiliate program boasts the potential to earn up to 50% commission. As a BingX affiliate, you’ll have the opportunity to promote the platform to a wider audience and receive competitive commissions for your efforts.

This program equips you for success by providing a comprehensive suite of marketing materials and dedicated support from the BingX team. You can closely monitor your performance and earnings through a user-friendly affiliate dashboard that delivers in-depth analytics and valuable insights.

For added flexibility, BingX guarantees prompt payouts in a variety of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), allowing you to choose how you receive your commissions.

About BingX Exchange

Established in 2018, BingX has become a global trading platform catering to over 10 million users worldwide. It stands out for its diverse trading options, user-centric design, and commitment to security.

BingX offers a comprehensive suite of trading products, including spot trading, derivatives, copy trading services, and grid trading. This caters to various trading styles, whether you’re a seasoned pro or just starting out. It supports over 750 cryptocurrencies for trading and investing.

One of BingX’s highlights is its emphasis on social trading. Their Copy Trade Pro feature allows users to copy the trades of experienced traders in real-time. This empowers beginners to leverage expert insights and potentially improve their own trading results.

Plus, BingX focuses on user experience with a streamlined registration process and a wealth of educational resources through BingX Academy. This makes the platform accessible to a global audience, regardless of their prior cryptocurrency trading experience. BingX’s commitment extends to regulatory compliance in various regions, including the European Union and Australia. This ensures a secure and reliable trading environment for all users.

BingX Fees

• Spot Trading Fees: BingX charges a flat fee of 0.10% for both makers and takers. Discounts are available for VIP users based on their trading volume. 
• Futures Trading Fees: The fees for futures trading on BingX differ between standard futures and perpetual futures. For perpetual futures, the maker fee is 0.02% and the taker fee is 0.05%. For standard futures, it charges 0.045% per trade.
• Deposit and Withdrawal Fees: BingX does not charge fees for deposits. However, there are fees associated with withdrawals, and these fees depend on the specific cryptocurrency and its network being withdrawn. For example, the withdrawal fee for Bitcoin (BTC network) is typically around 0.000296 BTC.

Here is the full BingX fee structure.

Conclusion

In a nutshell, the BingX trading platform offers a range of benefits for new users through its referral program. By using a BingX referral code like “WYMSQV” during sign-up, users can get a sign-up bonus, trading fee discount, and welcome bonus. 

The platform also prioritizes security with KYC verification and provides various trading options, making it suitable for both beginners and experienced traders. With its commitment to transparency and global regulatory licenses, BingX stands out as a trusted cryptocurrency exchange for millions of traders worldwide. For more rewards on other crypto exchanges, check out our other guides on the KuCoin referral code and MEXC referral code.

BingX Invite Code: FAQs

Is BingX Safe & Trusted Exchange?

Yes, BingX is a safe and trusted cryptocurrency exchange with over 10 million global crypto traders. The exchange utilizes robust security measures like 2FA authentication, withdrawal address whitelisting, fund password, anti-phishing code, and AI-powered KYC verification. 

Furthermore, BingX demonstrates its commitment to transparency through 100% proof-of-reserves, verified by the globally recognized Mazars auditing firm. The exchange also collaborates with leading cybersecurity organizations and has successfully passed security audits by CertiK.

What is the referral reward for BingX?

When you use a BingX referral code during sign-up, you can enjoy several rewards. New users who enter a BingX invitation code “WYMSQV” can receive a sign-up bonus of up to 5,000 USDT. 

Additionally, there is a 20% discount on trading fees, which helps save money on each transaction. You can also get a welcome bonus, which comes as a mystery box containing up to 30 USDT. These rewards aim to make your trading experience on BingX more beneficial right from the start.

How do I add a referral code to BingX?

To add a referral code to BingX, you need to enter it during the registration process. While signing up, you will see a field labeled “Referral Code (Optional)”. Here, you can enter the referral code “WYMSQV” to receive the associated signup bonuses.

Does BingX require KYC?

No, BingX doesn’t require KYC for users to access basic features. This means you can start using BingX and even withdraw up to 50,000 USDT daily without going through the KYC process. However, if you’re looking to unlock higher withdrawal limits, completing KYC verification bumps that number up to a significant 5 million USDT per day.

How do I share my BingX invite code?

To share your BingX invite code, go to the “Invite to Earn” section on the BingX app or website. You’ll find your unique referral code there. Simply copy it and share it with your friends via email, social media, or messaging apps. When your friends sign up for BingX using your code, you can earn rewards or bonuses as part of the referral program.