We’ve summarized how to get BingX trading fee discounts and how to use referral codes. You can easily check all types of BingX fees—including spot and futures trading—and tips to maximize your discounts. All information, including the BingX referral code offering the highest discount benefits, is regularly updated.
Summary of BingX Fee Discount Methods
Summary of BingX Referral Code
Sign up on BingX with a referral code, you can receive up to 45% trading fee rebate.
| BingX Referral Code (👇🏻Click to auto-apply) |
Benefits |
|---|---|
| Enter during sign-up to receive up to 45% trading fee rebate and up to 1,596 USDT reward |
Summary of BingX Fee Discount Methods
There are three ways to get fee discounts on BingX.
All the fee discount methods below can be applied together.
| No. | Discount Method | Benefit |
|---|---|---|
| 1 | Sign up using a BingX referral code | 45% off trading fees Up to 1,015 USDT reward |
| 2 | VIP Tier Benefits | Up to 75% off spot fees Up to 100% off futures fees |
| 3 | Spot trading via futures trades | 80% off spot limit orders 50% off spot market orders |
- For more details, please refer to the section below.
(Fee Discount Method 1) BingX Referral Code
What is a BingX Referral Code?
A BingX referral code is a discount code that provides trading fee discounts when entered during sign-up. It is also referred to as a “BingX fee discount code,” “BingX invitation code,” or “BingX referrer code.”
One of the most popular BingX referral codes is “MHEJ5I5T”.
[Source: BingX]
BingX Referral Code
When you enter the referral code at sign-up, you can automatically receive up to a 45% lifetime trading fee rebate without any additional steps.
| BingX Referral Code (👇🏻Click to auto-apply) |
Benefits |
|---|---|
| Enter during sign-up to receive up to 45% trading fee rebate and up to 1,596 USDT reward |
- Clicking the referral code above will automatically apply it. Feel free to use it.
- The 45% rebate on all trading fees is credited to your USDT account automatically at 1 AM daily.
Referral Code Fee Discount
| Type | Standard Fee | Referral Fee |
|---|---|---|
| Spot/Margin Limit Order |
0.1% | 0.055% (45% rebate) |
| Spot/Margin Market Order |
0.1% | 0.055% (45% rebate) |
| Futures Limit Order |
0.02% | 0.011% (45% rebate) |
| Futures Market Order |
0.055% | 0.0275% (45% rebate) |
- You can find fee rates including VIP discounts in the [VIP Trading Fee Discounts] section.
(Fee Discount Method 2) BingX VIP Level Upgrade
What is the BingX VIP Level?
The BingX VIP level is a program that offers exclusive fee discounts for high-volume traders who frequently engage in large transactions.
BingX grants VIP levels based on a user’s asset balance or trading volume, and offers benefits like trading fee discounts depending on the level.
VIP Level Trading Fee Discounts
BingX VIP levels are divided into multiple tiers, and the fee discount varies depending on the level.
VIP Qualification Criteria
You only need to meet one of the following conditions—either your USD balance or your 30-day trading volume—to qualify for a VIP level.
| Level | USD Balance | 30-Day Spot Volume | 30-Day Futures Volume |
|---|---|---|---|
| VIP 1 | $50,000+ | $1M+ | $10M+ |
| VIP 2 | $200,000+ | $2M+ | $25M+ |
| VIP 3 | $1M+ | $4M+ | $50M+ |
| VIP 4 | $2M+ | $6M+ | $100M+ |
| VIP 5 | $3M+ | $8M+ | $200M+ |
| Supreme VIP | n/a | $15M+ | $600M+ |
VIP Level Trading Fees
Once you achieve a VIP level, both futures and spot trading fees are automatically adjusted.
| Level | Spot Limit |
Spot Market |
Futures Limit |
Futures Market |
|---|---|---|---|---|
| VIP 1 | 0.035% | 0.060% | 0.014% | 0.0400% |
| VIP 2 | 0.020% | 0.050% | 0.012% | 0.0375% |
| VIP 3 | 0.015% | 0.045% | 0.010% | 0.0350% |
| VIP 4 | 0.0125% | 0.0375% | 0.008% | 0.0315% |
| VIP 5 | 0.0100% | 0.0325% | 0.006% | 0.0300% |
| Supreme VIP | 0.0050% | 0.0200% | 0% | 0.0280% |
(With Referral Code) Additional VIP Fee Discounts
If you signed up using the [BingX Referral Code], you can receive an additional 45% discount on VIP level trading fees.
- Referral code discounts can be stacked with VIP level benefits.
| Level | Spot Limit |
Spot Market |
Futures Limit |
Futures Market |
|---|---|---|---|---|
| VIP 1 | 0.019% | 0.033% | 0.008% | 0.022% |
| VIP 2 | 0.011% | 0.028% | 0.007% | 0.021% |
| VIP 3 | 0.008% | 0.025% | 0.006% | 0.019% |
| VIP 4 | 0.007% | 0.021% | 0.004% | 0.017% |
| VIP 5 | 0.006% | 0.018% | 0.003% | 0.017% |
| Supreme VIP | 0.003% | 0.011% | 0.000% | 0.015% |
- The above fees are rounded for clarity and may slightly differ from actual rates.
(Fee Discount Method 3) Spot Trading via Futures
As you can see in the [BingX Fee Types], futures trading fees are up to 80% cheaper than spot trading fees.
- Based on maker orders, futures trading fees are 80% lower than spot trading.
- Based on taker orders, futures fees are also 50% lower than spot trading.
Therefore, you can reduce trading fees by using futures trading for spot trading purposes.
As long as you’re not using leveraged futures trades but trading at 1x leverage, you can enjoy lower fees than spot trading without liquidation risk—while maintaining the stability of spot trades.
Types of BingX Fees
BingX has various fees, including spot trading fees, futures trading fees, and asset transfer fees. Understanding the types and conditions of these fees in advance can help you manage your assets more efficiently.
Spot Trading Fees
Spot trading fees refer to the costs paid to the exchange when buying or selling coins in real time. These transactions are known as “spot trades,” and the fees are automatically charged when a trade is executed.
In other words, these are the basic fees applied to all immediate transactions involving actual coin transfers.
| Type | Maker Order | Taker Order |
|---|---|---|
| Spot Trading Fee | 0.1% of transaction amount | 0.1% of transaction amount |
Futures Trading Fees
Futures trading fees refer to the costs incurred when engaging in cryptocurrency futures trading. Unlike spot trades, futures involve contracts based on predicted price movements rather than immediate asset transfers.
| Type | Maker Order | Taker Order |
|---|---|---|
| Futures Trading Fee | 0.02% of transaction amount | 0.05% of transaction amount |
| Futures Funding Fee | While holding a position: Position size × Funding rate (varies based on market conditions) | |
- The futures funding fee is a cost incurred while maintaining a position in futures trading. Depending on market supply and demand, you may either pay or receive this fee.
Asset Transfer Fees
BingX asset transfer fees refer to the charges that occur when depositing, withdrawing, or swapping assets. There are three types of fees: deposit, withdrawal, and swap.
| Type | Fee |
|---|---|
| Deposit Fee | None |
| Withdrawal Fee | None (Only network fee applies) |
| Coin Swap Fee | 0.1% |
- BingX deposit/withdrawal fees refer to the costs incurred when transferring funds to or from another exchange.
- BingX coin swap fees apply when you exchange one coin for another directly without going through a trade.
Types of BingX Futures Trading Fees
As briefly mentioned in the [BingX Fee Types] section earlier, understanding the structure of futures trading fees is essential for trading safely and efficiently.
So here’s a more detailed breakdown of BingX futures trading fees.
Futures Trading Fees
Futures trading fees refer to the charges incurred when performing futures trades.
| Type | Maker Order | Taker Order |
|---|---|---|
| Standard Futures Fee | 0.02% of trade amount | 0.05% of trade amount |
| (With Referral Code) Futures Fee |
0.011% of trade amount | 0.0275% of trade amount |
Futures Leverage Fees
What Are Leverage Fees?
Futures trading is distinguished from spot trading by its use of leverage. Leverage trading allows you to invest with more funds than your actual capital—for example, using 1 million KRW to trade with 10 million KRW at 10x leverage.
In this case, the trading fee is calculated based on the total position size—not your original capital—so the higher the leverage, the greater the fee burden.
This effect is commonly referred to as a “leverage fee,” though technically it refers to the increased fees resulting from higher leverage. It does not mean there are separate additional charges based solely on the leverage multiplier.
Futures Leverage Fee Table
| Leverage | Maker Fee | Taker Fee |
|---|---|---|
| 1x | 0.02% | 0.05% |
| 2x | 0.04% | 0.10% |
| 5x | 0.1% | 0.25% |
| 10x | 0.2% | 0.50% |
| 20x | 0.4% | 1% |
| 50x | 1% | 2.5% |
| 100x | 2% | 5% |
| 125x | 2.5% | 6.25% |
- Although up to 125x leverage is available in futures trading, the actual leverage offered varies depending on the coin.
- The fees shown correspond to the leverage multiplier, calculated based on your actual investment amount (not the total leveraged position).
Futures Leverage Fees (With Referral Code)
If you sign up using the [BingX Referral Code], you can get an additional 20% discount on the standard futures leverage trading fees.
| Leverage | Maker Fee | Taker Fee |
|---|---|---|
| 1x | 0.011% | 0.028% |
| 2x | 0.022% | 0.055% |
| 5x | 0.055% | 0.138% |
| 10x | 0.110% | 0.275% |
| 20x | 0.220% | 0.550% |
| 50x | 0.550% | 1.375% |
| 100x | 1.100% | 2.750% |
| 125x | 1.375% | 3.438% |
- The fee rates shown in the table are rounded for easier reference and may slightly differ from the actual rates.
Futures Funding Fees
What Is a Funding Fee?
The funding fee in BingX futures trading is a cost incurred when holding a position. This fee is not charged by the exchange itself but is exchanged between users holding long and short positions to maintain balance.
Funding fees function as a mechanism to reduce the price gap between the spot and futures markets, helping to prevent futures prices from deviating excessively.
Funding Fee & Settlement Time
| Category | Details |
|---|---|
| Futures Funding Fee | Position size × Funding rate |
| Funding Settlement Times | Settled 3 times daily at 8-hour intervals (9:00 AM, 1:00 PM, 5:00 PM) |
Funding Rate
The funding rate is not fixed—it fluctuates in real time depending on the ratio of long and short positions in the market:
- If short positions dominate, the funding rate becomes negative, and short holders pay funding fees to long holders.
- Conversely, if long positions dominate, the funding rate becomes positive, and long holders pay funding fees to short holders.
Funding fees are only settled during the scheduled times; even if a rate is displayed outside of these times, no fees are exchanged.
- This fee is not collected by the exchange but paid directly between traders.
BingX Trading Fee Frequently Asked Questions (FAQ)
Here are some frequently asked questions about BingX trading fees.
Click on a question below to view more details.
What is a BingX referral code?
Can I register a referral code after signing up?
Where can I find detailed info about BingX fees?
Can I combine referral code and VIP fee discounts?
Why are futures trades more cost-effective than spot trades?
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