BingX Exchange Referral Code : 45% Fee Discount and KYC Guide

BingX Exchange Referral Code : 45% Fee Discount and KYC Guide

by | May 9, 2023 | Referral Code

Today, we're introducing the BingX Exchange's 45% trading fee discount with a referral code and a step-by-step guide on KYC verification. By completing the KYC verification, you can also receive a 50 USDT gift.

As of April 27, 2023, the BingX Exchange ranks 17th on CoinMarketCap for futures trading volume.
To receive a 45% trading fee discount, sign up via the link below. It's recommended to sign up on a web browser rather than using the app. If you prefer, you can manually input the referral code P0WG2YXQ when signing up directly on the site.

https://bingx.com/invite/P0WG2YXQ

 

 

Once you've clicked the link, you should see the 45% rebate offer. Proceed to sign up with your email or mobile number.

 

 

BingX Exchange KYC Verification Guide

  1. Download the BingX app from the Apple App Store or Google Play Store.
  2. Click on the 'Register/Login' button on the main screen.
  3. Since you've already registered via web, click on 'Login' in the top right corner and sign in.
  1. After logging in, click on the box icon in the top left corner (My Page icon).
  2. To proceed with KYC verification, click on 'Verification'.
  3. BingX's KYC process is slightly different, as it combines ID verification and selfie in one step. Click 'Continue' at the bottom.
  1. First, select your country.
  2. Choose the type of identification you'd like to use (driver's license, national ID, or passport) and follow the on-screen instructions.
  3. Ensure your ID is readable, then click 'Document is readable' to complete this step.

 

  1. Next, it's time for a selfie. Move your phone so your face fits within the square, and the sensor will automatically detect it.
    Make sure your appearance matches the ID photo, and remove any hats or sunglasses before taking the selfie.
  2. After the selfie is automatically taken, close the window by clicking the 'X' button in the top left corner.
  1. You'll see 'Pending Review' under the 'Verification' status. While you wait, enhance your account security by clicking on the 'Security' button.
  2. Click on the 'Link' button next to 'Google Authentication' to set up Google OTP.
  3. If you already have Google OTP, simply add BingX Exchange using the seed phrase. If not, download the Google OTP app by clicking the 'Download' button at the top of the screen

.• Setting up Google OTP adds an extra layer of security to protect your assets, so don't skip this step.

 

1,2. After completing Google OTP, the 'verification' process is done. If you see the green 'Verified' text, you're good to go!

 

 

1. Upon visiting the Reward Hub, there's a check-in button that offers a 10 USDT voucher when clicked. Exciting!
2. There are even more rewards available. See below for details.
3. If 'Authenticated' appears under 'Verification', the account has completed KYC authentication.
​

• A brief summary of key rewards

1. Receive a 50 USDT bonus just for completing KYC authentication.
2. Deposit 500 USDT for trading and receive 20 USDT.
3. Get 10 USDT for your first buy/sell order.
4. Achieve a cumulative trading volume of 800,000 USD and receive 220 USDT.

These are just a few of the available rewards.

 

 

  1. Upon checking the Assets, 50 USDT is credited right after KYC authentication is completed.
  2. However, the bonus cannot be converted to regular funds. Instead, use the bonus for trading, and any profit earned can be withdrawn. It might be challenging to turn 50 USD into 50,000 USD, but consider withdrawing any profit you make.

Lastly, signing up for BingX Exchange using the link below grants you a 45% fee rebate.To get the fee discount, it is recommended to sign up using a PC or mobile Chrome browser rather than the app.If you prefer not to use the link, simply enter the referral code P0WG2YXQ when registering directly on the website.

https://bingx.com/invite/P0WG2YXQ

US Economy Update: FOMC, CPI, PPI, & Market Volatility

US Economy Update: FOMC, CPI, PPI, & Market Volatility

by | May 8, 2023 | Crypto Blog

Following last week's FOMC meeting, the United States announced a 0.25% increase in its benchmark interest rate. This week, the US Consumer Price Index (CPI) and the US Producer Price Index (PPI) will be released.

CPI US Consumer Price Index Release Time: Wednesday, May 10, 2023, at 08:30 am (UST)

PPI US Producer Price Index Release Time: Thursday, May 11, 2023, at 08:30 am (UST)

Major index announcements are scheduled for Wednesday and Thursday mornings at 8:30 am this week.

 

[US CPI Consumer Price Index Year-over-Year Chart Graphic Image]

The forecast for April's CPI year-over-year, to be announced on Wednesday, May 10, is predicted to be 5%, the same rate of increase as last April. The US economy is in disarray these days, with inflation not moving at all and news of a potential default due to debt from the world's strongest economic power. Even Warren Buffett, who leads Berkshire Hathaway, has added to the conversation, saying the future of the US economy is bleak. Of course, he did not forget to praise Apple, Berkshire Hathaway's largest holding.
High interest rates and ongoing rate hikes have made even US banks unsafe. Most people expect the 0.25% rate hike during this FOMC meeting to be the last, but opinions on rate cuts vary widely. Predictions like, "It will be cut in September," "It will be cut in December," and "It won't be cut until March 2024," are pouring out.
Instead of relying on predictions close to other people's prophecies, investors should keep an eye on major indices like this week's CPI and PPI and continually check and respond to the changing economic situation.

 

 

 

[US Central Bank Benchmark Interest Rate Chart Graphic Image]

The US central bank's benchmark interest rate rose to 5.25% last week with a third consecutive 0.25% increase. Experts who predicted no further rate increases from 4% in spring 2022 have seemingly disappeared. The current situation feels like a bomb ready to explode, making trading extremely frightening.
Additionally, the ongoing war between Ukraine and Russia does not seem to be improving, making it nerve-wracking to buy or sell coins even once. Let's hope peace returns soon!

 

 

 

[May 8, 2023, Bitcoin 15-minute Chart]

The Bitcoin 15-minute chart since April 26 shows a merciless trend. While futures scalpers might be saying "Wow, it's trading sideways in a box range!" and making profits, it's a difficult chart for regular traders. With this week's CPI and PPI major index releases, it's already scary to think about how much volatility there will be. Let's hope the price doesn't drop further and touch 27k again.

 

 

OKX exchange is a massive exchange, ranked third after Binance and Bybit in terms of Derivatives trading standards.

If you sign up for OKX exchange through the link below, you can receive a 20% fee discount. Although sometimes advertised as a 50% discount, it is often only 20% in reality. The link below is a safe and stable 20% discount link with no fluctuations. If you sign up through the App, simply enter the referral code 47041357.

https://www.okx.com/join/47041357

Furthermore, if you sign up with the referral code 47041357, you can directly recruit referrals. As a result, you can receive a rebate of 20% of the direct referral's trading fee. Therefore, we recommend recruiting referrals directly to receive the benefits.

Here is the link for partners to offer a 50% discount on fees for Bitget:
https://partner.bitget.com/bg/QZQ9FK

By clicking on the image, you will be taken to the Bitget referral code registration page that offers a 50% discount on fees.

When you click the link, you will see the screen shown above with the Referral Code section where you should write "hcsb". You can sign up using any convenient method, such as email or phone number, and if you previously signed up without a fee discount, you can still enjoy the 50% fee discount by signing up with a different method (for example, if you signed up with an email address before, you can now sign up with a phone number). If you want to sign up directly in the Bitget app rather than on the web or mobile web, simply write "hcsb" in the Referral Code section.

OKX Exchange hosts a popular SUI Token Airdrop event

OKX Exchange hosts a popular SUI Token Airdrop event

by | Apr 25, 2023 | Crypto Blog

OKX Exchange is hosting a popular SUI Token Airdrop event.

The OKX SUI Token Airdrop period is from April 23, 2023, 16:00 UTC to May 4, 2023, 15:59 UTC.

SUI Token is a rival to the popular APT Token, with a transaction rate of 120,000 TPS (Transactions Per Second) on an 8-core M1 MacBook Pro, compared to APT's 160,000 TPS. Ethereum, with 15 TPS, and SOL, which promoted itself as an Ethereum killer with 60,000 TPS, have experienced network issues when transactions surged, diminishing their credibility. SUI Token is a fast and secure Layer 1 Web 3.0 cryptocurrency.

The airdrop event is exciting, given the token's potential to become a major player in the global blockchain's hot keyword, the WEB 3.0 ecosystem.

The event is also being held on Bybit and KuCoin exchanges, but to avoid confusion, only the OKX Exchange will be introduced on Referral codescom. To participate in the event, you must first sign up for OKX Exchange and verify your KYC up to Level 2.

Refer to the following post for a 20% discount on fees and KYC verification method. If you sign up for OKX using the referral code in the post and invite a friend, you'll become a partner and receive 20% of the fees your friend trades.

OKX Exchange Fee 20% Discount, KYC Verification Guide

OKX Referral Code: Get 20% Fee Discount

 

 

After signing up for the OKX Exchange, apply for the event through the link below.

https://www.okx.com/activities/affiliate-sui-special-offer?pagesourcefrom=affiliateactivity&channelId=47041357

 

 

 

 

Press the Enroll button at the top banner of the linked page to participate.

 

 

To receive the SUI Token Airdrop, complete the following missions:

  1. Deposit at least 100 USDT and do not withdraw until three days after the event ends.
  2. Receive SUI Token Airdrop based on your trading volume of 1,000 USDT or more (both spot and futures trading are accepted).
  3. SUI Token Airdrop will be deposited five days after the event ends.

Below are the rewards based on trading volume:

For example, if you deposit 1,000 USDT worth of Ripple (XRP) coins into OKX Exchange and sell them, you'll be eligible for five rewards with a spot trading volume of 1,000 USDT. Then, you can use the 1,000 USDT obtained from selling Ripple for spot and futures trading, which will both count toward your trading volume.

In the case of futures or margin trading, if you buy and sell 20 times the amount of 1,000 USDT (20,000 USDT), you'll get a total trading volume of 40,000 USDT. If you change the multiplier to 5 and buy and sell 5,000 USDT, you'll get a trading volume of 10,000 USDT, and you'll receive 100 SUI Tokens with a total trading volume of 50,000 USDT.

* Trading with a 20-times multiplier is highly risky and is just an example for trading volume recognition. Beginners should not follow this method, as they may be liquidated quickly.

 

 

According to current laws and regulations, users from the following countries or regions (based on KYC information) can't participate in this activity:
Cuba, Iran, North Korea, Crimea, Malaysia, Singapore, Syria, The US, including all US territories such as Puerto Rico, American Samoa, Guam, Northern Mariana, and the US Virgin Islands (St. Croix, St. John and St. Thomas), The Bahamas, Canada, Bangladesh, Bolivia, Donetsk, Luhansk, Malta, Belarus, Ukraine and Russia.
 

 

MEXC Global: Low Fees, 200+ Cryptos & MX Token Perks

MEXC Global: Low Fees, 200+ Cryptos & MX Token Perks

by | Apr 24, 2023 | Referral Code

​MEXC Global, a top-ranked cryptocurrency exchange on CoinMarketCap as of April 24th, 2023, boasts the 14th highest daily futures trading volume. The platform supports a wide variety of cryptocurrencies, offering trading pairs for not only major coins like Bitcoin and Ethereum but also over 200 other digital currencies.

One of the biggest advantages of MEXC Global is its low trading fees, providing significant savings for frequent futures traders. By using the referral code "mexc-1L7Ws" from Referral codescom, users can receive an additional 10% discount on all transaction fees.

 

The MEXC Global exchange offers a user-friendly mobile app, making it easy for crypto trading beginners to navigate. At the same time, it provides advanced trading features for experienced traders, including margin trading that allows users to borrow funds to expand their trades.

Unique features of MEXC Global include a kickstarter for MX Token Holders and a Launchpad where users can receive various Token Airdrops. Ongoing M-Day events using MX Tokens offer multiple opportunities for those who purchase and hold the tokens.

To trade on MEXC Global with a 10% fee discount, sign up using the following link or enter the referral code "mexc-1L7Ws" during registration to receive the discounted fee benefits.

Hong Kong Court Recognizes Crypto as Property

Hong Kong Court Recognizes Crypto as Property

by | Apr 19, 2023 | Crypto Blog

 

Recently, a Hong Kong court ruled that cryptocurrency is considered property and can be held on trust. This decision, which involved the now-defunct crypto exchange Gatecoin, has significant implications for the crypto industry, particularly in terms of regulation and asset classification.

According to CoinDesk, the ruling was made by Justice Linda Chan, who stated that Hong Kong's definition of "property" is broad and intended to have a wide meaning. This ruling is in line with similar decisions in Mainland China and the US, where the Internal Revenue Service (IRS) treats crypto as property for tax purposes. Moreover, a government-funded law commission in the UK has determined that crypto can be classified as a new type of property under existing laws in England and Wales.

In 2019, Gatecoin announced that it would shut down and begin liquidation after attempting to recover disputed funds from a former payment services provider. The liquidators sought guidance from the court on how to treat the crypto held by Gatecoin, which amounted to over 140 million Hong Kong dollars ($17.8 million) in October 2022.

 

While the court found that cryptocurrencies can form the subject matter of a trust, it determined that a trust had not been established in this particular case. This ruling provides greater clarity for Hong Kong liquidators on how to treat crypto assets held by companies during wind-down procedures.

As Hong Kong continues to push for clearer regulations in the crypto sector, brokerage firm Bernstein has noted that the jurisdiction's approach to regulating crypto could attract capital amid global regulatory uncertainty.

 

In summary, to get a fee discount, you must sign up for membership through the link below. We have briefly introduced the Bybit registration method, KYC certification, and security management methods.

https://partner.bybit.com/b/diddy09

If it's an app, you can enter 19670 as the referral code.