BingX Referral Code: CODE
Fee Discounts + Copy Trading Bonuses

What referral code CODE gives you on BingX

BingX operates a referral program that rewards new users who sign up through a verified referral link. When you register with code CODE, the fee discount is permanently attached to your account from the moment you execute your first trade. You do not need to enter the code manually each time — it becomes part of your account structure at the point of registration.

The welcome bonus program adds a layer of task-based rewards on top of the structural discount. After completing identity verification and making your first deposit, your Rewards Center populates with a set of milestones — each tied to a trading voucher or bonus credit. These are designed to reward new users for exploring the platform's core features: spot trading, perpetual futures, and most importantly, BingX's copy trading system.

Why the code must be applied at registration

BingX does not allow referral codes to be retroactively applied to existing accounts. The referral relationship between your user ID and the code is established at the instant your account is created and cannot be modified afterward. If you register without the code and then attempt to add it later, the system will reject it — and the fee discount along with any associated bonus eligibility will be permanently unavailable to that account. This is one of the most common and irreversible mistakes new users make when joining any major exchange.

The discount is permanent, not promotional

Unlike limited-time welcome promotions that expire after 30 or 90 days, the fee discount from code CODE is a permanent structural modification to your account's fee rate. Every trade you execute on BingX — whether spot, perpetual futures, or copy trading allocations — will be charged at the reduced rate indefinitely, as long as your account remains active. This makes the referral code particularly valuable for users who plan to trade consistently over months or years.

How to apply the referral code in 4 steps

1. Register through the referral link Navigate to bingx.com/invite/CODE. The referral field will be pre-filled with CODE. Verify the code appears before submitting your registration form. Enter your email address or mobile number and set a strong password. You will receive a verification message — confirm your contact method before proceeding to the next step.
2. Complete identity verification (KYC) BingX requires Know Your Customer verification to unlock full trading capabilities, higher withdrawal limits, and access to the welcome bonus program. Navigate to the identity verification section in your account settings and upload a government-issued photo ID such as a passport, national ID card, or driver's license. A brief selfie liveness check is also required. Verification typically completes within minutes for most document types, though it can extend to 24 hours during peak registration periods.
3. Make your first deposit Fund your account by depositing cryptocurrency from an external wallet, or in supported regions, by purchasing crypto directly via credit card or bank transfer. Check your Rewards Center for the current deposit thresholds that unlock specific bonus tiers — even a modest initial deposit is sufficient to activate the first set of welcome tasks and start copy trading immediately. There is no minimum deposit required to begin exploring the platform.
4. Explore copy trading and claim your bonuses Open the Copy Trading section from the BingX app or web platform to browse the leaderboard of verified traders. Filter by profit rate, win rate, maximum drawdown, and trading style to find traders that match your risk profile. When you follow a trader and allocate capital, BingX automatically mirrors their live positions in your account. Simultaneously, visit your Rewards Center to track and complete the welcome bonus tasks — each completed milestone releases a trading voucher or bonus credit.

BingX fee structure with code CODE applied

BingX maintains a competitive fee structure designed to attract both retail and professional traders. The platform charges maker and taker fees on spot and perpetual futures trades. Applying referral code CODE at registration reduces your fee rate through the discount program. The table below outlines standard rates alongside the discounted rates available with the code.

BingX also operates a VIP fee tier system for high-volume traders. As your 30-day trading volume increases, you advance through VIP levels that apply progressively lower maker and taker fees. The referral discount from code CODE stacks with your VIP tier — meaning the discount continues to apply as you graduate to higher volume brackets, compounding your savings further.

Copy trading fee structure

When you copy a trader on BingX, you pay the underlying market fee on each position they open or close — the same discounted rate you receive from code CODE. Additionally, successful copy traders may charge a profit-sharing fee, typically in the 5%–30% range of your copy trading profits. This profit share is taken only from gains, never from your principal, and only when trades are profitable. Review each trader's terms in their profile before allocating capital.

Annual savings by trading volume

The fee discount from code CODE delivers compounding value for active traders. The table below illustrates approximate annual savings across different monthly perpetual futures volumes, comparing the standard 0.050% taker fee against a discounted rate.

BingX copy trading — the platform's main differentiator

BingX's copy trading product is not a secondary feature added to a traditional exchange — it was built as a core product from the platform's early days and remains the most developed copy trading system among centralized crypto exchanges. Understanding how it works and what makes it distinctive is essential for any user evaluating BingX against competitors.

How the copy trading leaderboard works

BingX maintains a ranked leaderboard of verified copy traders — experienced users who have opted to make their trading activity available for followers to replicate. Each trader's profile displays a detailed performance breakdown: total return, win rate, maximum drawdown, Sharpe ratio, number of followers, and assets under management. These metrics update in real time as traders open and close positions.

Filters let you narrow the leaderboard by performance period (7 days, 30 days, 90 days, all time), by product type (perpetuals, grid trading), and by risk level. The depth of available filters is one of BingX's genuine advantages over platforms that offer more basic copy trading interfaces.

How positions are mirrored in your account

When you follow a trader and set an allocation amount, BingX automatically replicates every position the trader opens, proportionally sized to your allocated capital. If the trader opens a 10% position in BTC/USDT perpetuals, BingX opens an equivalent 10% position in your account using your allocated funds. When the trader closes, your position closes simultaneously.

You retain full visibility and control at all times. You can manually close any copied position, pause following a trader without losing your allocation, adjust your copy amount, or exit copy trading entirely and retain your remaining capital. There is no lock-up period on your funds — liquidity is preserved throughout.

Profit sharing and trader incentives

BingX aligns incentives between traders and followers through a profit-sharing model. Lead traders earn a percentage of the profits they generate for followers — typically 5% to 30% depending on the trader's chosen rate. This structure means successful traders are rewarded for genuine performance rather than simply attracting followers through marketing. Traders only earn their profit share on profitable copy periods; there are no performance fees on losing periods.

Risk management tools for followers

BingX provides several tools to limit downside in copy trading. You can set a stop-loss threshold at the portfolio level — if your copy trading allocation falls below a defined percentage of its starting value, BingX will automatically close all copied positions and return your remaining capital. Individual position size limits prevent any single trade from consuming too large a fraction of your allocation. These guardrails make copy trading more accessible to users who want the upside of following successful traders without unlimited downside exposure.

BingX vs Bitget vs Bybit: copy trading comparison

Copy trading is available on multiple major exchanges, but the quality and depth of implementation varies significantly. The comparison below focuses specifically on the copy trading feature across the three platforms most frequently evaluated for this purpose.

BingX's primary advantage in this comparison is the maturity of its copy trading system. Having launched copy trading as a founding product rather than a later addition, BingX has had more time to refine the trader selection algorithm, the performance reporting tools, and the risk management controls available to followers. Bitget is a credible alternative with a strong copy trading product of its own. Bybit's copy trading is more limited and better suited to users primarily interested in Bybit for other reasons who want copy trading as a secondary feature.

Available markets: 700+ trading pairs

BingX offers over 700 trading markets across spot and perpetual futures, covering the full spectrum of major-cap, mid-cap, and emerging altcoins. The breadth of available markets is competitive with the largest exchanges in the industry and ensures that users rarely need to go elsewhere to access a specific asset they want exposure to.

Spot trading markets

The BingX spot market covers hundreds of active trading pairs denominated primarily in USDT, with additional pairs in BTC and other quote currencies for certain assets. Core spot pairs include BTC/USDT, ETH/USDT, BNB/USDT, SOL/USDT, XRP/USDT, DOGE/USDT, MATIC/USDT, and a long tail of mid-cap and emerging altcoins. BingX lists new tokens actively, often within days of their initial distribution events. The fee discount from code CODE applies uniformly across every spot pair on the platform.

Perpetual futures markets

BingX's perpetual futures section offers leveraged access to 300+ cryptocurrency assets through USDT-settled perpetual swap contracts. Leverage is available up to 150x on BTC/USDT and ETH/USDT, with lower maximum leverage available on smaller-cap contracts where liquidity is thinner. Perpetual funding rates on BingX are competitive with industry standards — positive funding rates indicate a bullish market bias, and negative rates indicate a bearish bias. The discounted taker fee from code CODE applies to every futures trade you execute.

Grid trading

BingX offers automated grid trading bots as a built-in product — no third-party integration required. Grid trading strategies create a ladder of buy and sell orders within a defined price range, profiting from volatility as prices oscillate up and down within the grid. Users can set up spot grids or futures grids, configure parameters manually, or select from pre-configured strategies created by other users. Grid trading is also available as a copy trading product — you can follow another user's grid configuration and have it replicated automatically in your account.

VST and demo trading

BingX offers a Virtual Simulated Trading (VST) mode that allows users to practice trading with simulated funds before committing real capital. VST mode mirrors live market conditions — prices, fees, and order execution work identically to the live environment, but losses and gains are purely simulated. This feature is particularly valuable for users who are new to copy trading and want to evaluate specific traders over a trial period before allocating real funds.

About BingX

BingX was founded in 2018 with a focus on social trading and copy trading, positioning itself as a more accessible entry point to crypto derivatives for users who lacked the time or expertise for active analysis. The platform launched its copy trading product as a primary feature — not an afterthought — which gave it a meaningful head start in developing the depth of traders, tooling, and user experience that the feature requires to work well.

The exchange expanded rapidly through 2020 to 2022, growing its user base across Southeast Asia, Latin America, and other regions where demand for social trading and copy trading features was strong among retail crypto users. BingX also pursued a strategy of broad market listings to compete with larger exchanges on asset selection, reaching over 700 markets across spot and futures by 2024.

BingX has served as an official exchange partner of the Premier League and multiple professional sports organizations globally, building brand recognition outside the traditional crypto-native audience. This partnership strategy reflects the platform's focus on user acquisition from less technical demographics who may be new to crypto but already familiar with the sponsoring sports entities.

Today, BingX processes hundreds of millions of dollars in daily trading volume, operates with a team distributed across multiple regions, and continues to develop its copy trading platform as its primary competitive differentiator. The platform's combination of competitive fees, broad market selection, and copy trading depth makes it a strong choice for users who want structured access to professional trading strategies without the requirement of deep technical knowledge.

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